News Feed Item

DayNine Consulting Secures Growth Capital From Pamlico Capital

Investment Will Support Workday Partner's Continued Global Growth

PLEASANTON, CA--(Marketwired - July 22, 2014) -  DayNine Consulting, Inc. ("DayNine" or the "Company") and Pamlico Capital ("Pamlico") announced today that Pamlico has completed a significant equity investment in the Company. DayNine, a global Workday (NYSE: WDAY) services partner, will use the growth capital to support aggressive expansion around the globe, and for further development of proprietary tools that differentiate DayNine's capabilities in the Workday ecosystem.

Pamlico's investment in DayNine's expansion represents the Company's first institutional funding. DayNine's management and employees will retain majority ownership of the Company and a representative of Pamlico will join the DayNine Board of Directors. Detailed terms of the transaction have not been disclosed.

DayNine deploys and optimizes Workday Human Capital Management, Workday Payroll, Workday Financial Management, and Workday Recruiting for businesses of all sizes. With global offices in seven North American and European cities, and customer engagements in 83 countries, DayNine has developed a solid reputation for its expertise in complex Workday deployments for enterprise customers with dynamic and global operations. The only global Workday-exclusive services partner, DayNine serves customers by extending Workday's deployment tools and methodology, with DayNine's proprietary tools and services that accelerate time-to-value and increase customer satisfaction.

"We chose to partner with Pamlico because of their successful track record with business and technology services investments, as well as their interest and expertise in Cloud solutions," said Tim Ramos, co-founder and CEO of DayNine. "Since our 2009 founding, DayNine has been growing at an 86% compounded annual growth rate. Pamlico's investment provides DayNine strong financial and advisory resources with which to build upon our significant presence in the Workday ecosystem. Their investment will enable us to boost an already robust global growth rate."

Pamlico Partner Scott Stevens said, "Our focus on investing in software services businesses that support the accelerating adoption of leading Cloud solutions led us to DayNine. We are extremely impressed by the caliber of DayNine's leadership, the deep domain expertise and breadth of services offered by its consultants, the Company's remarkable record of customer satisfaction, and its strong position in the attractive Workday ecosystem."

DayNine was advised by Clearsight Advisors.

About DayNine Consulting:
DayNine Consulting is a global Workday consulting and deployment partner, passionate about helping customers get the most value from their greatest assets -- their people -- by deploying and optimizing Workday Human Capital Management, Workday Payroll, Workday Financial Management and Workday Recruiting within their organizations. DayNine's recognized ability to deliver this outstanding value is directly correlated to effectively partnering with customers to understand their business and to assess, advise, and seamlessly deploy Workday solutions across technology, process, and people. Learn more about DayNine Consulting at www.daynine.com.

About Pamlico Capital
Pamlico Capital is a private equity firm founded in 1988 which primarily invests in lower middle market companies in the U.S. Pamlico Capital seeks control-oriented growth equity investments of up to $100 million alongside proven management teams in its target industries: business & technology services, communications, and healthcare. Since inception, the firm, based in Charlotte, NC, has invested over $2.5 billion. For additional information, please visit www.pamlicocapital.com.

Image Available: http://www.marketwire.com/library/MwGo/2014/7/21/11G018592/Images/DayNine.TimRamos-1011319406912.jpeg

Media Contacts:

Cameron Sullivan
Senior Public Relations and Communications Manager
DayNine Consulting, Inc.
[email protected]
925.980.1264 - Mobile
925.475.5634 - Office

Jim Lambert
Vice President, Marketing & Business Development
DayNine Consulting, Inc.
[email protected]
925.475.5712 - Office

Kelly Holman
BackBay Communications, for Pamlico Capital
[email protected]
212.520.1385, ext. 4

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
Digital Transformation: Preparing Cloud & IoT Security for the Age of Artificial Intelligence. As automation and artificial intelligence (AI) power solution development and delivery, many businesses need to build backend cloud capabilities. Well-poised organizations, marketing smart devices with AI and BlockChain capabilities prepare to refine compliance and regulatory capabilities in 2018. Volumes of health, financial, technical and privacy data, along with tightening compliance requirements by...
Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settlement products to hedge funds and investment banks. After, he co-founded a revenue cycle management company where he learned about Bitcoin and eventually Ethereal. Andrew's role at ConsenSys Enterprise is a mul...
"NetApp is known as a data management leader but we do a lot more than just data management on-prem with the data centers of our customers. We're also big in the hybrid cloud," explained Wes Talbert, Principal Architect at NetApp, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
"Since we launched LinuxONE we learned a lot from our customers. More than anything what they responded to were some very unique security capabilities that we have," explained Mark Figley, Director of LinuxONE Offerings at IBM, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
I love the beginning of the year. It is always enjoyable to see people's predictions for trends in the coming year. Publications like Fortune, CNN Money, Washington Post and the Atlantic speculate about what gadgets and technologies are going to take off in popularity this year, psychics predict which celebrities will have babies and fall in love, and I start to think about trends like DevOps and where the software delivery industry is headed next.CollabNet, Eric Robertson, predicted.
DXWordEXPO New York 2018, colocated with CloudEXPO New York 2018 will be held November 11-13, 2018, in New York City and will bring together Cloud Computing, FinTech and Blockchain, Digital Transformation, Big Data, Internet of Things, DevOps, AI, Machine Learning and WebRTC to one location.
DXWorldEXPO LLC announced today that "Miami Blockchain Event by FinTechEXPO" has announced that its Call for Papers is now open. The two-day event will present 20 top Blockchain experts. All speaking inquiries which covers the following information can be submitted by email to [email protected] Financial enterprises in New York City, London, Singapore, and other world financial capitals are embracing a new generation of smart, automated FinTech that eliminates many cumbersome, slow, and expe...
Evan Kirstel is an internationally recognized thought leader and social media influencer in IoT (#1 in 2017), Cloud, Data Security (2016), Health Tech (#9 in 2017), Digital Health (#6 in 2016), B2B Marketing (#5 in 2015), AI, Smart Home, Digital (2017), IIoT (#1 in 2017) and Telecom/Wireless/5G. His connections are a "Who's Who" in these technologies, He is in the top 10 most mentioned/re-tweeted by CMOs and CIOs (2016) and have been recently named 5th most influential B2B marketeer in the US. H...
DXWorldEXPO | CloudEXPO are the world's most influential, independent events where Cloud Computing was coined and where technology buyers and vendors meet to experience and discuss the big picture of Digital Transformation and all of the strategies, tactics, and tools they need to realize their goals. Sponsors of DXWorldEXPO | CloudEXPO benefit from unmatched branding, profile building and lead generation opportunities.
The best way to leverage your Cloud Expo presence as a sponsor and exhibitor is to plan your news announcements around our events. The press covering Cloud Expo and @ThingsExpo will have access to these releases and will amplify your news announcements. More than two dozen Cloud companies either set deals at our shows or have announced their mergers and acquisitions at Cloud Expo. Product announcements during our show provide your company with the most reach through our targeted audiences.
DevOpsSummit New York 2018, colocated with CloudEXPO | DXWorldEXPO New York 2018 will be held November 11-13, 2018, in New York City. Digital Transformation (DX) is a major focus with the introduction of DXWorldEXPO within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term. A total of 88% of Fortune 500 companies from a generation ago are now out of bus...
With 10 simultaneous tracks, keynotes, general sessions and targeted breakout classes, @CloudEXPO and DXWorldEXPO are two of the most important technology events of the year. Since its launch over eight years ago, @CloudEXPO and DXWorldEXPO have presented a rock star faculty as well as showcased hundreds of sponsors and exhibitors! In this blog post, we provide 7 tips on how, as part of our world-class faculty, you can deliver one of the most popular sessions at our events. But before reading...
Modern software design has fundamentally changed how we manage applications, causing many to turn to containers as the new virtual machine for resource management. As container adoption grows beyond stateless applications to stateful workloads, the need for persistent storage is foundational - something customers routinely cite as a top pain point. In his session at @DevOpsSummit at 21st Cloud Expo, Bill Borsari, Head of Systems Engineering at Datera, explored how organizations can reap the bene...
Cloud Expo | DXWorld Expo have announced the conference tracks for Cloud Expo 2018. Cloud Expo will be held June 5-7, 2018, at the Javits Center in New York City, and November 6-8, 2018, at the Santa Clara Convention Center, Santa Clara, CA. Digital Transformation (DX) is a major focus with the introduction of DX Expo within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive ov...
As IoT continues to increase momentum, so does the associated risk. Secure Device Lifecycle Management (DLM) is ranked as one of the most important technology areas of IoT. Driving this trend is the realization that secure support for IoT devices provides companies the ability to deliver high-quality, reliable, secure offerings faster, create new revenue streams, and reduce support costs, all while building a competitive advantage in their markets. In this session, we will use customer use cases...