Siris Capital Group, LLC, a leading private equity firm focused on making control investments in data, telecommunications, technology and technology-enabled business service companies, today announced that John Swainson, most recently president of the Dell Software group, has joined Siris as an executive partner. In his new role, Mr. Swainson will work closely with Siris' investment professionals and other executive partners to identify and validate potential investment opportunities for Siris as well as assist in the oversight and operations of Siris' portfolio companies.
With over 30 years of industry experience and senior leadership roles at global corporations, Mr. Swainson brings a wealth of knowledge and expertise in the enterprise technology software sector. In his most recent role at Dell, Mr. Swainson was tasked with creating and running an enterprise software division inside of the company. During his tenure there, through a combination of strategic acquisitions and organic growth, Mr. Swainson and his team created a $1.5 billion software organization of 6,000 people that strongly complemented Dell's corporate strategy.
Frank Baker, Co-Founder of Siris Capital, commented, "John is a highly accomplished leader in the enterprise technology software space, and a natural fit for our existing team of executive partners. For over 30 years, he has helped guide companies into their next phase of innovation and development, and we are confident that he will continue to deliver strategic guidance and operational excellence to our portfolio companies."
Prior to joining Dell, Mr. Swainson was a senior advisor to a large technology focused private equity firm, and before that served as CEO and Director of CA Inc., a Fortune 500 enterprise software company, from early 2005 to the end of 2009. Before his time at CA, he worked for IBM Corp for over 26 years, where he held various management positions in the United States and Canada, including for seven years as the General Manager of the WebSphere Middleware Division, a business he founded in 1997. Mr. Swainson also ran the IBM worldwide software sales organization, and held a number of senior engineering, marketing and sales management roles.
Mr. Swainson has a bachelor's degree in Applied Science (mineral engineering) from the University of British Columbia, Canada. He has attended numerous executive education programs over the past 30 years, including the Wharton International Fellows programs and various programs at Harvard, such as The New CEO Workshop and Building Better Boards.
Mr. Swainson joins a team of seasoned executive partners who have, on average, over 20 years of technology, telecommunications or technology-enabled business services industry experience.
Executive partners provide invaluable sourcing and due diligence assistance to investment opportunities and help direct operational improvements post investment.
About Siris Capital Group
Siris Capital is a leading private equity firm focused on making control investments in data, telecommunications, technology and technology-enabled business service companies in North America. Integral to Siris' investment approach is its partnership with exceptional senior operating executives, or Executive Partners, who work with Siris to identify, validate and operate investment opportunities. Their significant involvement allows Siris to partner with management to add value both operationally and strategically. To learn more, visit us at www.siriscapital.com.
