Rackspace Technology, Inc.

Rackspace Technology, Inc.

Rackspace Technology, Inc.

Overview
Date Founded

2016

Headquarters

1 Fanatical Place,City of Windcrest,San Antonio, TX 78218

Type of Company

Public

Employees (Worldwide)

6,800

Industries

IT Consulting & Services

Company Description

Rackspace Technology, Inc. engages in the provision of end-to-end multi-cloud technology services. The firm designs, builds and operates its customers’ cloud environments across technology platforms. It operates through the following segments: Multicloud Services, Apps and Cross Platform, and OpenStack Public Cloud. The company was founded on July 21, 2016 and is headquartered in San Antonio, TX.

Contact Data
Trying to get in touch with decision makers at Rackspace Technology, Inc.? Subscribe today to access their professional contact information and receive a one time promotion of free Contact Data credits!
Executives & Employees

Chief Executive Officer

President & Chief Financial Officer

Chief Operating Officer

Chief Communications & Marketing Officer

Chief Technology Officer

Chief Solutions Officer

Chief Legal & People Officer

Chief Relationship Officer

Senior Vice President & General Manager Americas Region

Managing Director, EMEA

Board of Directors

Senior Partner, Co-Lead Private Equity, Private Equity at Apollo Global Management, Inc.

Limited Partner at Lead Edge Capital Management LLC

President, Chief Executive Officer & Director at RentPath LLC

Partner at ABRY Partners LLC

Senior Advisor at Cyrus Capital Partners LP

Co-Founder & Chief Executive Officer at Woven Software, Inc.

Chief Executive Officer at Rackspace Technology, Inc.

Chief Operating Officer at OptumInsight, Inc.

Partner, Private Equity at Apollo Global Management, Inc.

Paths to Rackspace Technology, Inc.
Potential Connections via
Relationship Science
You
Rackspace Technology, Inc.
Owners & Shareholders
Details Hidden

Apollo Capital Management's investment objective is to generate both capital appreciation and current income through mezzanine, preferred equity, warrants, First lien & Second Lien debt, structured products, unstructured debt, subordinated debt and equity investments while adhering to Apollo Global Management's industry-specialized, value-oriented investment strategy.

Details Hidden

Searchlight Capital Partners (SCP) operates in North America and Europe. The firm has the ability to invest across the capital structure in both equity and debt. They seek to invest in attractive companies across a wide range of industries and are comfortable investing in complex situations. SCP has significant expertise in a range of transaction types, including many forms of recapitalizations and investments throughout a company's capital structure. They provide flexible capital and pursue both control- and non-control-oriented investments. SCP targets companies that are well-positioned in attractive industries. The firm tends to invest in the following sectors: (1) communications (2) media, both traditional and online (3) information and information technology services (4) business services (5) financial services (6) consumer products and services (7) education services and (8) industrial goods and services. In addition to their industry expertise, SCP also partners with companies seeking to expand in North America and Europe.

Details Hidden

Rubric Capital Management aims to achieve capital appreciation and maximize risk-adjusted absolute returns. The firm employs a value-oriented long/short strategy comprised of, but not limited to, a book of deep-value long positions and an alpha short book that is core to its strategy. They utilize a fundamental and multi-year perspective in identifying the core investments from a universe generally comprised of equities and debt in all sectors. Furthermore, the firm implements a disciplined approach to risk management and capital preservation at the position, portfolio and firm levels in seeking to maximize the delivery of alpha from both its long and short investments.

Recent Transactions
Details Hidden

Rackspace Technology, Inc. issued USD Common Stock

Insider Transactions
Details Hidden
Details Hidden
Transaction Advisors
Underwriter

Advised onRackspace Technology, Inc. issued USD Common Stock

Underwriter

Advised onRackspace Technology, Inc. issued USD Common Stock

Underwriter

Advised onRackspace Technology, Inc. issued USD Common Stock

Legal Advisor

Advised onRackspace Technology, Inc. issued USD Common Stock

Legal Advisor

Advised onRackspace Technology, Inc. issued USD Common Stock

Legal Advisor

Advised onRackspace Technology, Inc. issued USD Common Stock

Advisors & Consultants
Advisor

Director at CSRA LLC

Clients

Teva is a global generic pharmaceuticals leader and one of the top 15 pharmaceutical companies in the world. Headquartered in Israel, Teva operates in 60 countries and has 46,000 employees worldwide. Established in 1901, Teva takes great pride in its long tradition of leadership and dedication to excellence

Pivotree, Inc. is a global commerce and master data management (MDM) services providing company. It is an end-to-end vendor supporting clients from strategy, platform selection, deployment, and hosting through to ongoing support. The company operates as a single expert resource to help companies adapt in an ever changing digital commerce landscape. The firm operates through Managed Services and Professional Services segments. The Managed Services segment includes services provided by hosting/infrastructure providers. The Professional Services segment involves services provided by system integrators, professional service, and VAR's providers. Pivotree was founded by Brian Shepard in 1998 and is headquartered in Toronto, Canada.

Eagle Eye Solutions Group Plc engages in the provision of digital consumer engagement solutions to the retail and hospitality industries. It offers a digital transaction platform for secure multi-channel issuance and redemption of promotional offers, gift vouchers, and loyalty-based rewards. The company was founded by Steve Rothwell in 2003 and is headquartered in Guildford, the United Kingdom.

Key Stats and Financials As of 2020
Market Capitalization
$5.07B
Total Enterprise Value
$7.34B
Earnings Per Share
$-1.37
Net Profit
$-246M
EBITDA
$562M
EBITDAMargin
20.75%
Total Debt
$4.02B
Total Equity
$1.38B
Enterprise Value / Sales
2.71x
Enterprise Value EBITDAOperating
12.75x
TEVNet Income
-29.87x
Debt TEV
0.55x
Revenue
$2.71B
Suppliers
CommVault Systems, Inc. IT Consulting & Services | Oceanport, NJ

Fifteen years ago, CommVault was launched to give companies a better way to protect, manage, and gain business value from their data. Today, with more than 17,000 customers and counting, CommVault is liberating companies worldwide from chaos, excessive costs and complexity. We appeal to companies that are forward thinking, unafraid, and willing to make a change in order to get where they want to be. Officially, CommVault is a publicly traded data and information management software company headquartered in Oceanport, New Jersey. We've made our mark with the industry's leading backup product, Simpana software. Our customers choose us because of our unique Solving Forward® philosophy and ability to deliver complete solutions with infinite scalability and unprecedented control over data and costs. CommVault is positioned in the Leaders Quadrant in the 2012 Gartner Magic Quadrant for Enterprise Backup/Recovery Software (HTML). Additionally, leading technology companies worldwide have formed strategic partnerships with us, including Dell, Hitachi Data Systems, Microsoft, NetApp, VMware, Novell, HP, Oracle and Bull.

This web site is not endorsed by, directly affiliated with, maintained, authorized, or sponsored by Rackspace Technology, Inc.. The use of any trade name or trademark is for identification and reference purposes only and does not imply any association with the trademark holder. The Presence of Rackspace Technology, Inc.'s profile does not indicate a business or promotional relationship of any kind between RelSci and Rackspace Technology, Inc..