Vector Capital Acquires Patron Technology
Vector Capital, a leading private equity firm specializing in transformational investments in established technology businesses, today announced its investment in Patron Technology (“Patron”), a premier event technology platform.
Vector Capital Completes Sale of Saba Software to Cornerstone OnDemand
SAN FRANCISCO--(BUSINESS WIRE)--Vector Capital, a leading private equity firm specializing in transformational investments in established technology businesses, today announced the successful sale of Saba Software, a leading provider of cloud-based talent management software, to Cornerstone OnDemand, Inc., (Nasdaq: CSOD) for approximately $1.295 billion.
Impartner Receives $20 Million in Growth Capital From Vector Capital
Impartner, the fastest-growing and most-award winning pure-play channel management platform, announced today that it has received $20 million in growth capital financing from Vector Capital, a leading global private equity firm specializing in transformational investments in technology businesses. The financing will allow Impartner to further accelerate their already strong growth by increasing sales and marketing expenditure and acquiring complementary technologies, continuing to capture momentum in the fast-growing channel management technology market, which analysts estimate could be as large as $5 billion.
MoxiWorks Secures Vector Capital Funding to Accelerate Growth
MoxiWorks, the leading real estate technology platform, today announced that Vector Capital, a private equity firm with more than $4 billion under management that specializes in transformational investments in technology businesses, has made a meaningful growth equity investment in the company. Vector Capital, along with existing shareholder-customers Windermere Real Estate, Howard Hanna Real Estate Services, and Long & Foster Real Estate, plan to leverage the MoxiWorks platform to accelerate growth and pursue acquisitions.
TPG Acquires CollabNet VersionOne
TPG Capital, the private equity platform of global alternative asset firm TPG, announced today it has signed a definitive agreement to acquire CollabNet VersionOne, a leading platform provider for Agile planning, DevOps, and Value Stream Management (VSM), from Vector Capital.
KKR Acquires Leading Software Platform Corel Corporation from Vector Capital
KKR, a leading global investment firm, and Corel Corporation (“Corel”), one of the world's top software platforms, announced today that KKR has completed its acquisition of Corel from Vector Capital, a leading technology-focused private equity firm.
Cambium Networks Corporation Announces Pricing of Initial Public Offering
Cambium Networks Corporation, a provider of wireless broadband networking infrastructure solutions, today announced the pricing of its initial public offering of 5,800,000 ordinary shares at the initial public offering price of $12.00 per share. The shares are expected to begin trading on The Nasdaq Global Market under the symbol “CMBM” on June 26, 2019, and the offering is expected to close on June 28, 2019, subject to customary closing conditions.
Vector and Cerium Sell Allegro Development Corporation to ION Group
Vector Capital, a leading private equity firm specializing in transformational investments in established technology businesses, and Cerium Technology, a leading venture capital firm, today announced the sale of Allegro Development Corporation (“Allegro”), a leading global provider of enterprise commodity management solutions, to ION, a provider of mission-critical trading and workflow automation software solutions to financial institutions, central banks, governments, and corporates.
Vector Capital Completes Acquisition of Aspect Software
Vector Capital, a leading private equity firm specializing in transformational investments in established technology businesses, today announced the successful completion of its acquisition of Aspect Software, Inc. (“Aspect”), a leading provider of fully integrated customer engagement, workforce optimization, and self-service omni-channel solutions.
Aspect Software to be Acquired by Vector Capital
Aspect Software, Inc. (“Aspect”), a leading provider of fully integrated customer engagement, workforce optimization, and self-service omni-channel solutions, today announced it has entered into a definitive merger agreement to be acquired by Vector Capital, a leading private equity firm specializing in transformational investments in established technology businesses. Under the terms of the agreement, Vector Capital will invest more than $100 million of equity capital in Aspect’s business, and Aspect’s existing lenders will continue to support the company by providing Aspect with a new credit facility at closing.