News from FTVentures, August 03, 2006

FTVentures - Capitalize on Our
Connections

FTVentures Investment Targets

Investment Focus

We are a private equity firm investing in software and business services companies.


Private Company Funding
Objectives

• Fuel rapid organic growth
• Pursue one or more
  acquisitions
• Recapitalize to optimize
  capital structure or meet
  the liquidity needs
  of shareholders
• Spin-off operations from
  a parent corporation


Investment Stage

We fund businesses at all stages of development.


Investment Commitment

$10 million to $60 million


Investment Strategy

Typically lead or control investor.


Investment Geography

We will consider investments worldwide to support the needs of our global Limited Partners.


FTVentures Invests in Coremetrics

We are pleased to introduce our most recent investment, Intrepid Learning Solutions, a Seattle, WA-based provider of corporate training services. FTVentures led an $11.7 million equity financing round which will support Intrepid’s growth objectives through geographic expansion and capability extension. Intrepid develops customized integrated learning solutions that are directly tied to the business objectives of its clients. The company has consistently demonstrated its ability to deliver measurable improvements in efficiency through outsourced training. Intrepid can assume the management of an organization’s existing training department and apply proprietary methodology and best practices in order to improve the quality of corporate education while reducing costs.

Intrepid has a proven track record in developing and implementing learning strategies for numerous global corporations across many industries, including Microsoft, Boeing, Autodesk, Wells Fargo, Washington Mutual, Adobe, Dell, Cisco and the U.S. Army. Intrepid has established itself as a thought leader in the training industry and is recognized by the American Society for Training and Development, who uses Intrepid to manage their E-Learning Courseware Certification Program.

If you would like to learn more about FTVentures' latest investment, Intrepid Learning Solutions, please contact:

     Eric Byunn, FTVentures Principal,
     ebyunn@ftventures.com or 415-229-3052


Please click this link to read the press release regarding this transaction. Read more


Investment Team

Contact Us

Please note our new addresses:

San Francisco
555 California Street
Suite 2900
San Francisco, CA 94104

Phone 415-229-3000
Fax     415-229-3005

info@ftventures.com

Media Contact:
Karen Derr Gilbert

New York
540 Madison Avenue
Suite 2600
New York, NY 10022

Phone 212-682-4800
Fax     212-682-4480

www.FTVentures.com

 


About FTVentures

FTVentures provides capital to growth companies to finance organic expansion, recapitalizations, buyouts and build-ups. We invest in software and business services companies that derive value from our unmatched Global Partner Network, which includes 38 of the world’s leading financial institutions. Our Global Partner Network provides us with a unique vantage point into the business driven IT and operating challenges of the global enterprise. Founded in 1998, FTVentures currently has $624 million under management with offices in San Francisco and New York. For more information, please visit www.ftventures.com