Business Wire

Creation of Next Generation Private Equity Firm, New Private Equity


Gero Wittemann and Francesco Barosi today announce the launch of New Private Equity (“NPE”).

New Private Equity's investment scope extends across the B2B software and tech services segments and the firm will support its investee companies in achieving their full potential via capital, strategic and operational value add. NPE plans to achieve this through a unique combination of deep hands-on experience and creating a data-driven advantage via leading-edge, proprietary technology.

The New Private Equity leadership team has a proven track record of investing in and transforming technology businesses, and they will bring their complementary skills to bear for the benefit of all stakeholders. Prior to forming New Private Equity, Gero Wittemann was a partner and co-head of the US business at leading software and services investor Hg, having previously served as managing director at global investment giant CVC. Francesco Barosi served as global head of TMT and innovation at global consulting firm AlixPartners, working with some of the world’s leading companies to improve performance.

Having known each other for over ten years, the pair hold a shared conviction that there is an exceptional and untapped opportunity to utilize technology to improve private equity. At the heart of this is the ability to harness the power of data from an increasingly growing and varied array of sources. NPE believes that investors who do this effectively and systematically will be able to consistently make better, more informed decisions and drive successful outcomes.

To unlock this opportunity, NPE has developed New Private Equity Control Tower (“NPECT”), a proprietary software-based end-to-end workflow that is designed to enable and integrate high quality investment and value creation capabilities. NPE has a unique strategic partnership with Palantir Technologies, having selected Palantir Foundry as the end-to-end operating system for NPECT, supporting faster, better data-driven decision making.

“We are excited to build a next generation private equity firm,” said Gero Wittemann. “We believe our software-enabled and data-driven approach will contribute to building better businesses and creating enhanced investment returns, to the benefit of our partner companies and our limited partners.”

Francesco Barosi added: “Our proprietary technology will help us focus more quickly on those investment opportunities where we have a meaningful edge and can add significant value by driving towards operational excellence. We believe NPECT’s ability to deliver data-driven insights and tools will swiftly and systematically accelerate realization of targeted objectives post investment. We are confident that many companies and management teams will welcome our innovative, highly collaborative, pragmatic and outcome-oriented approach.”

"NPE has developed a powerful end-to-end private equity workflow, NPECT, that integrates investing and value creation capabilities and provides a compelling and differentiated solution," said Ted Mabrey, Head of Global Commercial at Palantir. "Our best partners are capable of both deeply understanding the unique advantages our technology provides and harnessing them to revolutionize their industries, as we expect NPE will do in private equity."

About NPE

New Private Equity is a next generation private equity firm that leverages data, analytics and deep sector expertise to invest in leading companies and provide comprehensive technology-enabled operational value-add. NPE is focused on investing in businesses in the B2B software and technology services sectors. NPE is based in Miami, FL. For more information, please visit Follow us on LinkedIn.

To view this piece of content from, please give your consent at the top of this page.

Contact information

NPE Contact:

About Business Wire

Business Wire
Business Wire
24 Martin Lane
EC4R 0DR London

+44 20 7626 1982

(c) 2018 Business Wire, Inc., All rights reserved.

Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

Empatica Announces Plans for Landmark Clinical Study to Develop an AI-Based Seizure Forecast Based on Wearable Real-World Data30.11.2023 14:29:00 CET | Press release

Empatica, a digital health and AI company developing medical-grade wearables and digital biomarkers for health monitoring and diagnostics, today announced plans to launch a first-of-its-kind study aimed at developing a seizure forecasting algorithm for people living with epilepsy, based on real-world data collected using its technology. This press release features multimedia. View the full release here: Empatica announces plans to develop an AI-based seizure forecasting algorithm based on wearable real-world Data (Graphic: Business Wire) More than 3 million Americans suffer from epilepsy, according to numbers from the Centers for Disease Control. And around one third of people with epilepsy have refractory epilepsy which occurs when medications no longer control seizures1. Epileptic seizures are disruptive health events that can have a significant negative impact on quality of life and increase risk of injury and death for peopl

QPS Holdings, LLC divests its Neuropharmacology Business Unit30.11.2023 14:15:00 CET | Press release

Today QPS Holdings, LLC (QPS) a leading drug development Contract Research Organization (CRO), announces an agreement to sell its Neuropharmacology business unit (QPS Neuropharmacology) to Scantox, a leading Nordic pre-clinical, GLP-accredited CRO. QPS Neuropharmacology, based in Grambach, Austria and focused on drug discovery, specializes in neurodegenerative diseases, rare diseases and mental disorders. This press release features multimedia. View the full release here: QPS Neuropharmacology facility in Grambach, Austria. (Graphic: Business Wire) Founded in 1999, QPS Neuropharmacology has built a strong global reputation for high quality services that are deeply scientifically rooted and has an undisputed track-record of serving a loyal and broad customer base globally. This long history of developing expertise within neuropharmacology preclinical studies has contributed to strong year-on-year growth and positioned the organiz

ASICS Teams Up with BlueConic for Enhanced Personalization and Data Privacy Compliance30.11.2023 13:00:00 CET | Press release

ASICS, the global leader in athletic footwear and apparel, has selected pure-play customer data platform (CDP) BlueConic to reimagine the way it engages with customers. The move will empower the ASICS team to support a growing number of personalization projects while remaining compliant with consumer data privacy regulations around the globe. This press release features multimedia. View the full release here: ASICS teams up with BlueConic to deliver personalization at scale. (Photo: Business Wire) With operations across the Americas, Europe, the Middle East, Asia, and Oceania, ASICS is best known for its sports apparel, shoes, equipment, and accessories for men, women, and children. The company acquired fitness app RunKeeper in 2016 for its potential as a one-on-one marketing channel. With a focus on increasing engagement and loyalty both within the app and across brands, channels, and regions, ASICS will use BlueConic to unify

LTIMindtree Partners with Metasphere to Deliver Smart Sewers Solutions30.11.2023 12:00:00 CET | Press release

LTIMindtree [NSE: LTIM, BSE: 540005], a global technology consulting and digital solutions company, announced that it has been selected as a strategic partner by Metasphere, a wastewater application specialist, to scale their Smart Sewers management platform. As a part of this engagement, LTIMindtree will transform Metasphere’s next-generation wastewater monitoring solution portfolio, and enable scalable delivery and platform to their customers. Metasphere, part of Grundfos, provides smart network management solutions to the global utility industry. The company helps customers prevent leaks and spills for a cleaner, greener world and has deployed more than 200K sensors for their customers worldwide. By leveraging cutting-edge technology, the company offers intelligent, innovative, all-in-one wastewater application solutions. These solutions provide full network visibility, performance and forecasting that reduce telemetry ownership cost for customers to manage time-critical remote asse

LatticeFlow Announces Intelligent Workflows for Eliminating AI Blind Spots30.11.2023 09:00:00 CET | Press release

LatticeFlow, the next-generation AI platform for enabling enterprise teams to build performant, safe, and trustworthy AI at scale, is proud to announce Intelligent Workflows, to help machine learning engineers proactively rectify errors and ensure the reliability and robustness of AI model performance in production. This cutting-edge technology aims to revolutionize the AI industry by addressing one of the most critical challenges faced by machine learning engineers today. This press release features multimedia. View the full release here: (Graphic: Business Wire) With the proliferation of AI in business operations, the formidable task of seamlessly integrating high-performing AI models into real-world applications has grown increasingly critical. In particular, when dealing with large and complex datasets, ensuring production readiness for these models necessitates automation and a methodical approach to uncovering blind spots.