What is TeamViewer?


Owned by Permira, TeamViewer is a leading global provider of secure remote support software with a focus on the small and medium business (‘SMB’) market.

What does TeamViewer do?


The company offers an easy-to-install-and-use solution encompassing remote access administration, multi-user web-conferencing, desktop and file sharing. The software is charged as a licence to corporate/business customers but is free for personal/private use. It is currently used in c.200 countries and is available in 34 languages.

The opportunity

Why Permira invested in the business:

  • To leverage its market leadership
  • To showcase its attractive market fundamentals, with double-digit growth dynamics driven by mobile workforce and device proliferation.
  • To build on its scalable and high margin SaaS-based recurring revenue business model.

Why we like the investment

“Under Permira’s ownership, TeamViewer has successfully transitioned from a perpetual software licence model to a subscription model. The business now has greater levels of recurring revenue and, as a direct result, it achieved a significant valuation re-rating when it listed on the Frankfurt stock exchange in late 2019.” – Alan Gauld, abrdn.

Investment Year


Head office

Stuttgart, Germany





Risk warning
Risk warning
The value of investments and the income from them can go down as well as up and you may get back less than the amount invested. Please refer to the relevant Key Information Document (KID) prior to making an investment decision. Please be aware of scams that can affect investors.