Making rapid strides in technology adoption, the US investment firm Warburg Pincus has announced to an onboard the top executive of Germany’s SAP, Irfan Khan as a senior adviser to its technology group. The company that looks to emerge as a new industry leader is likely to pump in new investments to boost the value of existing portfolio companies.
Irfan Khan, who is in charge of SAP’s data management and analytics portfolio as president of its HANA database and analytics division, will work closely with the private equity’s technology team to pursue innovation and revenue growth.
Khan started his career at US enterprise software firm Sybase, which was acquired by SAP for $5.8 billion in 2010. He then spent almost two decades in various leadership roles at SAP, including chief technology offer for the firm’s global customer operations (GCO) and president of its platform and technologies products globally.
Warburg Pincus’ managing director Flavio Porciani said the firm would benefit from Khan’s expertise in delivering “go-to-market and growth strategies” to global tech businesses.
In February, Warburg Pincus clinched a 1.9 billion pound ($2.4 billion) deal for Informa’s pharma intelligence business and led late-stage funding round for Swiss tech unicorn Scandit.
Meanwhile, Khan’s appointment comes as Warburg Pincus seeks to bolster its global technology group which consists of seasoned industry leaders who have lived through the dot-com bubble.
In September, the US investment firm appointed another SAP executive, Brian Duffy, as a senior adviser for the same team.