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Magento Commerce is now backed by the Permira funds. Founded in 1985, the firm advises funds with a total committed capital of approximately €25 billion. Permira is a global investment firm that finds and backs successful businesses with ambition. The Permira funds make long-term investments in companies with the objective of transforming their performance and driving sustainable growth. In the past 30 years, the Permira funds have made over 200 private equity investments in five key sectors: Consumer, Financial Services, Healthcare, Industrials, and Technology. Permira employs over 200 people including 120 investment professionals in 14 offices across North America, Europe, the Middle East, and Asia.

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