London, 28 October 2025 – Permira, the global investment firm, today announced the realisation of the Permira Funds’ investment in Nexthink (the “Company”), a category creator and global leader in Digital Employee Experience (DEX) management software. The all-cash transaction values Nexthink at approximately $3 billion, generating a successful outcome for the Permira Funds – Nexthink’s largest shareholder – which originally invested in the Company in 2021 through Permira’s Growth Equity strategy, Permira Growth Opportunities.
Founded in Lausanne, Switzerland, and dual-headquartered in Lausanne and Boston, US, Nexthink provides organizations with a real-time, comprehensive view of technology performance by continuously analysing billions of real-time signals across devices, applications, and networks. The Company’s generative and agentic AI capabilities enable IT teams to anticipate needs, identify and resolve issues proactively, and automate improvements at scale. The result is faster problem resolution, stronger engagement, and a more connected and productive enterprise workforce – across more than 25 million endpoints today.
The Permira Funds first invested in Nexthink in March 2021, partnering with Founder and CEO Pedro Bados and the Company’s leadership team to help accelerate the Company’s mission to redefine the digital workplace. Over the past four years, Nexthink has more than tripled its annual recurring revenue and scaled profitability through a series of core value creation initiatives. The Company completed its transition to a multi-tenant SaaS platform, launched advanced automation and AI capabilities, and further strengthened its market-leading customer retention and satisfaction.
Pierre Pozzo, Technology Partner at Permira, said: “We have had the privilege of partnering with Pedro and the Nexthink team over the past four years as the company has evolved to become the global category leader in DEX, with more than 25 million endpoints. The platform is well positioned to continue its journey of growth at scale and to deliver on its vision to make IT more autonomous and strategic, leveraging Nexthink's AI engine.”
Pedro Bados, Founder and CEO of Nexthink, commented: “Permira has been an outstanding partner. Their deep technology expertise and global network played a pivotal role in helping us complete our cloud transition, invest in AI automation, and expand internationally. As we enter this next chapter, we’re better positioned than ever to achieve our vision of creating a zero-ticket IT experience for every enterprise.”
Stefan Dziarski, Partner and Head of Permira Growth Opportunities, added: “This is an important transaction for Permira as further validation of our technology expertise, and proof of our ability to deliver growth at scale through both our Buyout and Growth Equity strategies, and on both sides of the Atlantic. The European technology landscape offers an immense opportunity set today, and we look forward to executing on that further following this successful outcome with Nexthink.”
