TeamViewer
PE-OwnedPermira acquired TeamViewer, a remote desktop and support software company, for €870M in 2014. TeamViewer IPO'd in 2019. Remote work tool widely used in IT support, criticized for aggressive pricing changes that affected SMBs and personal users.
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Ownership Information
TeamViewer is owned by Permira. Private equity ownership often leads to cost-cutting, price increases, and reduced quality of service as firms prioritize returns for investors over customers and employees.Learn more about PE ownership impact →
Timeline
2005
TeamViewer founded
2014
Acquired by Permira for €870M
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