NEW YORK, United States & OSLO, Norway โ Verdane, the Northern European specialist growth investor, has appointed Giles Whiting as U.S. Operating Advisor. Whitingโs new part-time role will run in parallel to his full-time position as COO at Confirmit, a Verdane-owned customer experience platform. At Verdane, he will assist and advise portfolio companies on U.S. market entry, recruitment, and market-specific business development efforts. Whiting will further assist Verdane in conjunction with M&A and other investment-related activities in the U.S., and assume board roles in a number of Verdane portfolio companies.
โWith over 20 holdings operating in the U.S., we are pleased to welcome Giles onboard to further accelerate our portfolioโs growth. He has a long and distinguished track record of building high-performing teams, executing growth strategies, and supporting product development in technology-enabled businesses, with results that speak for themselves. Together with our investment team and our in-house operational expert teams, Giles will help us deliver on our promise to be the best growth partner for tech-enabled Northern European companies,โ comments Pรฅl Malmros, Partner and Head of Software at Verdane.
Whitingโs merits include heading Softbank Groupโs Operating Team, where he focused on investing in and growing a USD 64bn global portfolio of 30+ companies with a pronounced weighting toward technology and SaaS. Prior to Softbank, he spent many years working with various technology companies, most notably the customer experience platform Medallia, as the General Manager of their U.S. operations and later the EMEA region. Under his leadership the region became the highest performing part of the business where he oversaw program implementation, managed services, technical support, partner success, as well as strategy and business operations.
โWeโre experiencing the emergence of the โnext normalโ, where businesses that digitalise everyday life and work are seeing strong growth. Itโs an incredibly exciting time to join Verdane, that for the last 5 years has been by far the most active financial buyer of software growth companies in its home region. I look forward to helping the team deliver exceptional growth in the U.S. for our software vertical,โ comments Giles Whiting, U.S. Operating Advisor to Verdane and COO at Verdane-owned Confirmit.
A Harvard and U.S. Air Force Academy graduate, Whiting spent seven years in the U.S. Air Force as a physicist leading USD1bn+ scientific projects. Following his service, Whiting kick-started his professional career as a consultant with McKinsey & Company.
About Verdane
Verdane is a specialist growth investment firm that partners with tech-enabled and sustainable European businesses. Verdane can invest as a minority or majority investor, either in single companies or through portfolios of companies, and looks to deploy inside two core growth themes; digitalisation and decarbonisation.
Verdane funds hold over โฌ6 billion in total commitments and have made over 400 investments in fast-growing businesses since 2003. Verdaneโs team of over 140 investment professionals and operating experts, based out of Berlin, Munich, Copenhagen, Helsinki, London, Oslo, and Stockholm, is dedicated to being the preferred growth partner to tech-enabled and sustainable businesses in Europe.
Verdane is also a certified B Corporation, the most ambitious sustainability accreditation globally. The firm only backs businesses that pass its 2040 test, which indicates whether the company can thrive in a more sustainable future economy.
Verdane is partly owned by the Verdane Foundation, which is focused on two areas: climate change and more equitable and inclusive local communities.
More info: www.verdane.com โฏ
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Press Contact
Giles Whiting
US Operating Advisor, Verdane
+1 646 376 6440
giles.whiting@confirmit.com
Pรฅl Malmros
Partner & Head of Software, Verdane
+46 70 268 65 16
pal.malmros@verdane.com