What Do Out Clients Say About Us?
Tom Clark, Operating Partner, Thoma Bravo and former CFO, Idaptive
Idaptive, based in Santa Clara, California, is the leading provider of Next-Gen Access solutions for identity and access management. Idaptive delivers Next-Gen Access, protecting organizations from data breaches through a Zero Trust approach. Idaptive secures access to applications and endpoints by verifying every user, validating their devices, and intelligently limiting their access.
The business has been working with Nucleus to handle subsidiary company setup, compliance and employee onboarding in the United Kingdom and India. Tom Clark, CFO, has worked with Nucleus President Dr. Shan Nair since 2005 and relies on the company’s ability to handle international expansion issues with a high degree of expertise that, Mr. Clark states is “unsurpassed in terms of experience and practicality”. “Nucleus is our one-stop shop for all our international expansion needs and provides us with the most efficient and cost-effective way to expand internationally. Among other issues, they have helped us navigate the various options in terms of entity types that are applicable to our circumstances in each country and then helped us setup the chosen entities, thereafter providing full service day-to-day and local country compliance support”, added Mr. Clark.
“I don’t have to worry about anything when Nucleus is involved,” said Mr. Clark. “I have all the confidence in the world that Nucleus can provide us with all the help and guidance we need.”
Nucleus also provides what Mr. Clark refers to as an “India incubator service” to help Idaptive get going quickly in India even as the setup of the India subsidiary was progressing.
“Frankly, Nucleus has the legal expertise that rivals the most prestigious international law firms, but they are far more cost effective, business focused and nimble”, added Mr. Clark.
Kivanc Pakel, Co-Founder and Director, and Melissa Tu, Global HR Leader, FourQ Systems Inc.
Four-Q has emerged in October 2019 as a result of a spin-off from General Electric and now serves external markets and GE. The focus of the business is on providing technology-based solutions for intercompany billing processes and vendor payments.
The business has operations in Mexico, India, Asia Pacific, France, Hungary, Austria, Netherlands and Singapore. Kivanc Pakel, Director, says, “Nucleus has very effectively helped transfer relevant employees seamlessly from GE to the new business. They provided us with invaluable support in a wide variety of areas which included entity determination/setup, banking, employment agreements, benefits, payroll, day-to-day support and ongoing accounting, tax and payroll compliance.”
“Working with Nucleus is great”, said Melissa Tu, Four-Q’s head of HR “They are very thorough, recapping every meeting and delivering results with very tight timelines. They understand the corporate world – and help us navigate what we should be offering our employees. In addition, Nucleus has been instrumental in where we set up shop. They provide insights and recommendations regarding the different tax liabilities for each area we will be working in and advise us on the kind of structures that will work best. They also help us assess the countries where we be having the best opportunity to recruit the talent we need going forward.”
Melissa Tu added, “We are fortunate to be working with Dr. Shan Nair and his great team – they provide words of wisdom, are very hands-on, understand our needs and help us with whatever we need to succeed.”
Brad Wolfe, CFO FalconStor Software
“FalconStor Software, Inc. (OTCQB: FALC) provides the world’s only hardware-agnostic software platform for comprehensive data management. Founded in 2000, FalconStor is headquartered in Austin, Texas and has 18 additional offices in New York, Europe and Asia.
Brad Wolfe is FalconStor’s Chief Financial Officer and has been working with Nucleus for about nine months. Mr. Wolfe is a seasoned operational and financial executive with a successful track record working with both Fortune 200 and small cap companies. According to Mr. Wolfe, Nucleus’ one-stop services will save FalconStor over $1 million a year (they are now a $25 million company). In addition, Mr. Wolfe has found Nucleus to be highly responsive, helping with tax, legal, entity set up and several administrative duties. Nucleus has also been extremely resourceful by helping Mr. Wolfe find qualified people that write and speak the native languages in the countries it operates in. This was historically a challenge, but Nucleus has solved it.
“I’ve been lucky enough to find Dr. Shan Nair, who has worked in this industry for years,” said Mr. Wolfe. “Nucleus’ strategic help and insights across our APAC and EMEA regions have been invaluable,” Mr. Wolfe added. In fact, Mr. Wolfe interviewed 20 service providers before hiring Nucleus. Mr. Wolfe adds, “…they have exceeded my expectations. They have deep expertise, are very flexible and provide a strong cost benefit.”
“Nucleus is a one-stop resource for us and that has made a big difference”, says Mr. Wolfe. “If I did not have Nucleus, I’d have to build an entire infrastructure – instead, outsourcing was the perfect solution. I didn’t want to hire people and make promises to them that I couldn’t keep.”
George Li, former CFO, Datrium
Datrium was founded in 2012 by industry pioneers with a background from Data Domain and VMware. Based in Sunnyvale, California, Datrium’s goal is to change the way IT manages businesses most strategic assets – data. Primary storage, backup, disaster recovery, encryption and mobility are all trapped in silos and are a massive burden to IT. Datrium’s mission is to simplify this complicated world.
As Datrium’s business grows, the company looked to expand its footprint to international markets in order to expand their sales. George Li, the company’s SVP Finance and Operations, has been working with Nucleus to establish entities in Canada, the United Kingdom and Australia. Nucleus provides full support to these countries, including payroll, accounting reports, HR support, tax compliance work and corporate governance. In addition, Nucleus has assisted Datrium with hiring (including drafting of employment contracts) and setting up health plans for employees.
Hutch Fishman, former CFO, Nference
nference, headquartered in Cambridge, Massachusetts is transforming healthcare by making the world’s biomedical knowledge computable through the nferX Artificial Intelligence (AI) software platform. nference also has an exclusive partnership with the Mayo Clinic to analyze de-identified data to improve health care through insights and knowledge to the biopharmaceutical industry. nference has been financed by Matrix Partners, Matrix Capital Management, Mayo Clinic Ventures, and NTT Venture Capital.
Hutch Fishman, is nference’s CFO and has been the founding CFO of: Affirmed Networks (acquired by Microsoft), Sonus Networks (IPO), Viaweb (acquired by Yahoo!, founded by Paul Graham, Y Combinator), and Veveo (acquired by TiVo).
nference has been working with Nucleus to handle a subsidiary company set up in Canada, including monthly financials, compliance, legal, HR and payroll. According to Mr. Fishman, “Nucleus does outstanding work. They are very knowledgeable in a variety of countries and their senior leadership is actively involved as needed.”
Mr. Fishman has worked with Dr. Shan Nair, Nucleus’ president, for years. “I have complete confidence in Nucleus – the company is very easy to recommend because they always provide us with the expert and reliable support we need.”
Amanda Bacchus, Corporate Controller, Level Access
Ms. Bacchus is the Corporate Controller at Level Access, a global leader in digital accessibility services, and has been successfully working with Nucleus during her two-year tenure. Ms. Bacchus is a CPA through the Virginia Board of Accountancy and has previously worked for several successful and high-profile companies as Corporate Controller.
Based in Vienna, Virginia, with more than 200 employees, Level Access works with Nucleus to set-up and manage subsidiaries in the UK and Canada.
“It’s so easy to work with Nucleus, they keep us organized, have terrific follow-through and, as a result, I never have to worry about any of the operational tasks in these entities, such as our payroll, monthly close process, tax returns and other filings” says Ms. Bacchus. “Nucleus is an extremely reliable and competent partner that we rely on do to virtually everything for our international subsidiaries. I recommend them for any U.S-based organization that is expanding internationally.”