{"id":809870,"date":"2025-02-06T08:34:54","date_gmt":"2025-02-06T13:34:54","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/orix-corporation-usas-growth-capital-business-invests-in-piano\/"},"modified":"2025-02-06T08:34:54","modified_gmt":"2025-02-06T13:34:54","slug":"orix-corporation-usas-growth-capital-business-invests-in-piano","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/orix-corporation-usas-growth-capital-business-invests-in-piano\/","title":{"rendered":"ORIX Corporation USA’s Growth Capital Business Invests in Piano"},"content":{"rendered":"

<\/p>\n

ORIX Corporation USA’s Growth Capital Business Invests in Piano<\/b><\/p>\n

NEW YORK–(BUSINESS WIRE<\/a>)–
\nORIX Corporation USA\u2019s (\u201cOCU\u201d) Growth Capital business today announced it has successfully closed a debt financing facility for Piano Software, Inc. (\u201cPiano\u201d), a global leader in digital experience management, customer journey orchestration, and advanced analytics. The financing was completed alongside the close of the company\u2019s Series D equity fundraise led by Updata Partners, a Washington, D.C.-based growth equity firm focused on technology.<\/p>\n

\n\u201cPiano has built an impressive set of market leading, mission-critical products for companies around the world to maximize digital engagement, personalization, and user insights across their customer bases,” said Blake Zhang, Senior Director of OCU\u2019s Growth Capital business. “It is our pleasure to be collaborating with Piano again as a long-term capital partner to support its continued success within the media industry and expansion into other verticals.\u201d<\/p>\n

\n“We\u2019re delighted to be partnering with ORIX USA\u2019s Growth Capital team for the next phase of Piano\u2019s growth. This marks the second time in Piano\u2019s history that we\u2019ve collaborated, and ORIX USA has been a fantastic partner, having supported us during the earlier stage of our growth journey as a smaller business. As Piano has grown significantly and expanded through multiple acquisitions, we knew that ORIX USA\u2019s vision and strong strategic alignment would make them an ideal partner for this next chapter,\u201d said Trevor Kaufman, Chief Executive Officer of Piano.<\/p>\n

\nORIX USA\u2019s Growth Capital business previously partnered with Piano on a debt financing in 2019.<\/p>\n

\nSince inception in 2001, ORIX USA\u2019s Growth Capital business has provided $2.7 billion in funding to over 200 companies with customized equity and debt solutions.<\/p>\n

ABOUT ORIX CORPORATION USA<\/b><\/p>\n

\nEstablished in the U.S. in 1981, ORIX USA has grown organically and through acquisition into the investment and asset management firm we are today. With a specialization in private credit, real estate, and private equity solutions for middle-market focused borrowers and investors, we combine our robust balance sheet with funds from third-party investors, providing a strong alignment of interest. ORIX USA and its subsidiaries \u2014 ORIX Advisers, ORIX Capital Partners, Signal Peak Capital Management, Boston Financial, Lument, Real Estate Capital and NXT Capital\u2014 have approximately 1300 employees across the U.S. and have ~ $89 billion in assets*, which includes $39.4 billion in assets and commitments, in addition to $49.4 billion in servicing and administering assets, as of September 2024. Our parent company, ORIX Corporation<\/a>, is a publicly owned international financial services company with operations in 30 countries and regions worldwide. ORIX Corporation is listed on the Tokyo Stock Exchange (8591) and New York Stock Exchange (IX). For more information, visit orix.com<\/a>.<\/p>\n

*<\/b>As of September 30, 2024. Includes $49.4 billion in servicing and administering assets, in addition to $39.4 billion in funded assets and unfunded commitments across proprietary capital, third party capital and strategic partners investing in ORIX USA\u2019s private credit, real estate and private equity businesses. Unfunded commitments are based on a contractual commitment or an expected commitment for an established program based on ORIX USA Group\u2019s understanding.<\/p>\n

ABOUT PIANO<\/b><\/p>\n

\nHeadquartered in Philadelphia, Piano<\/a> is a leading end-to-end customer experience, analytics, and subscriber management SaaS platform for managing millions of individualized direct-to-consumer relationships. The company has strong roots in the media industry and is aggressively expanding within financial services, travel, retail, and other verticals.<\/p>\n

\n\u200b\u200b\u200bABOUT UPDATA<\/b><\/p>\n

Updata<\/a> is a leading technology-focused growth equity firm in Washington, D.C., with more than $1.5 billion in committed capital. Led by an investment team averaging more than 25 years of technology experience, Updata invests in high-growth B2B software and software-driven businesses where the combination of capital and operating experience will help accelerate success.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20250206460362\/en\/<\/a><\/span><\/p>\n

pro-orix@prosek.com<\/a><\/p>\n

KEYWORDS:<\/b> New York United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Professional Services Data Management Apps\/Applications Technology Software Finance Asset Management<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

ORIX Corporation USA’s Growth Capital Business Invests in Piano NEW YORK–(BUSINESS WIRE)– ORIX Corporation USA\u2019s (\u201cOCU\u201d) Growth Capital business today announced it has successfully closed a debt financing facility for Piano Software, Inc. (\u201cPiano\u201d), a global leader in digital experience management, customer journey orchestration, and advanced analytics. The financing was completed alongside the close of the company\u2019s Series D equity fundraise led by Updata Partners, a Washington, D.C.-based growth equity firm focused on technology. \u201cPiano has built an impressive set of market leading, mission-critical products for companies around the world to maximize digital engagement, personalization, and user insights across their customer bases,” said Blake Zhang, Senior Director of OCU\u2019s Growth Capital business. “It is our pleasure to be collaborating with … <\/p>\n

Continue reading “ORIX Corporation USA’s Growth Capital Business Invests in Piano”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-809870","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nORIX Corporation USA's Growth Capital Business Invests in Piano - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/orix-corporation-usas-growth-capital-business-invests-in-piano\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ORIX Corporation USA's Growth Capital Business Invests in Piano - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"ORIX Corporation USA’s Growth Capital Business Invests in Piano NEW YORK–(BUSINESS WIRE)– ORIX Corporation USA\u2019s (\u201cOCU\u201d) Growth Capital business today announced it has successfully closed a debt financing facility for Piano Software, Inc. (\u201cPiano\u201d), a global leader in digital experience management, customer journey orchestration, and advanced analytics. The financing was completed alongside the close of the company\u2019s Series D equity fundraise led by Updata Partners, a Washington, D.C.-based growth equity firm focused on technology. \u201cPiano has built an impressive set of market leading, mission-critical products for companies around the world to maximize digital engagement, personalization, and user insights across their customer bases,” said Blake Zhang, Senior Director of OCU\u2019s Growth Capital business. “It is our pleasure to be collaborating with … Continue reading "ORIX Corporation USA’s Growth Capital Business Invests in Piano"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/orix-corporation-usas-growth-capital-business-invests-in-piano\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-02-06T13:34:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20250206460362r1&sid=flmnd&distro=nx&lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/orix-corporation-usas-growth-capital-business-invests-in-piano\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/orix-corporation-usas-growth-capital-business-invests-in-piano\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"ORIX Corporation USA’s Growth Capital Business Invests in Piano\",\"datePublished\":\"2025-02-06T13:34:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/orix-corporation-usas-growth-capital-business-invests-in-piano\\\/\"},\"wordCount\":653,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/orix-corporation-usas-growth-capital-business-invests-in-piano\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20250206460362r1&sid=flmnd&distro=nx&lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/orix-corporation-usas-growth-capital-business-invests-in-piano\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/orix-corporation-usas-growth-capital-business-invests-in-piano\\\/\",\"name\":\"ORIX Corporation USA's Growth Capital Business Invests in Piano - 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