OverIT Announces the Spin-Off from the Engineering Group by Bain Capital and Neuberger Berman and Paolo Bergamo as New CEO
OverIT announced that, starting from October, the company will be spun off from the Engineering Group becoming an independent entity controlled by Bain Capital and Neuberger Berman.
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In addition, Paolo Bergamo has been appointed as Chairman and Chief Executive Officer of OverIT. Prior to joining OverIT, Bergamo was Senior Vice President Product Management at Salesforce in San Francisco, California.
In his new role, Bergamo will lead OverIT’s global team, growth strategy and vision.
Bergamo has a deep knowledge of Field Service Management, with over two decades of proven global experience in the software sector. Given his track record, Bergamo is ideally placed to lead OverIT in its next phase of growth as innovator and visionary.
“The spin-off is the result of a strategic partnership between Neuberger Berman and Bain Capital, that has the goal to accelerate OverIT’s internationalisation and build the global Field Service Management software leader through increased investments” said Piero Galli from Neuberger Berman.
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“When searching for a new CEO to lead OverIT growth journey and reach the ambitious goals we set, we wanted someone who deeply understood not only the industry OverIT operates in, but also the ambition of our funds and the culture of a global company. Paolo has proven leadership capabilities and a track record of scaling technology businesses; we are pleased to have him join to lead the company in the next phase of growth” said Giovanni Camera from Bain Capital.
“I’m thrilled to join OverIT at such an exciting period” said Bergamo, “When Bain Capital and Neuberger Berman proposed to me the ambitious project to bring OverIT, one of the flagships of Made in Italy technology, to the forefront internationally, I felt I couldn’t miss this great opportunity. I have the ambition to make OverIT an international hub for young technology talent to grow and unleash their potential”.
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