Vector Capital Completes Acquisition of Host Analytics
Vector Capital, a leading private equity firm specializing in transformational investments in established technology businesses, today announced the successful completion of its acquisition of Host Analytics Inc., a leading provider of cloud-based enterprise performance management (EPM) solutions. In connection with the transaction closing, Ron Baden, Chief Revenue Officer, has been named interim Chief Executive Officer, and Dan Fletcher, Vice President at Vector Capital, has been named interim Chief Financial Officer. Host Analytics CEO Dave Kellogg and CFO Ian Charles are stepping down from their positions and will assist the company through the transition period.
Enterprise Performance Management Leader Host Analytics To Be Acquired By Vector Capital
Host Analytics Inc., a leading provider of cloud-based enterprise performance management (EPM) solutions, has signed a definitive agreement to be acquired by Vector Capital, a leading private equity firm specializing in transformational investments in established technology businesses.
Vector Capital Provides $100 Million Second Lien Term Loan to Support Permira’s Acquisition of Synamedia
Vector Capital, a leading private equity firm specializing in transformational investments in established technology businesses, today announced that it has provided a $100 million second lien term loan to support the Permira Funds’ acquisition of Synamedia from Cisco.
Scripps to Acquire Triton
The E.W. Scripps Company (NASDAQ: SSP) is acquiring Triton, the global leader in digital audio technology and measurement services, helping Scripps advance its strategies for near- and long-term value creation.
Private Equity Firms Bet on Stock Market's Fixer-uppers
Private equity firms, armed with a record $1 trillion in cash, are investing more in public companies than at any time since the financial crisis, buying those left behind in Wall Street’s nine-year bull market.
Vector Capital Funds Expansion with Sale of Minority Stake to Dyal
On the heels of closing its fifth fund at $1.4 billion, Vector Capital sold a non-voting minority interest to Dyal Capital Partners, a division of Neuberger Berman that acquires minority equity stakes in established alternative asset managers. Other PE firms Dyal backs include: H.I.G., KPS Capital Partners, Silver Lake and Vista Equity Partners. Vector, based in San Francisco, invests in technology sectors, including: software, Internet, digital media, communications, and industrial technology. The firm has been active with portfolio company deals of late, including recently agreeing to sell 2020 Technologies, a developer of interior design software, to Golden Gate Capital. We caught up with Vector founder Alex Slusky to ask about the Dyal deal, the larger trend of middle-market PE firms selling minority stakes and the tech M&A landscape.
Vector Capital Receives Strategic Minority Investment from Dyal Capital
Vector Capital, a leading private equity firm specializing in transformational investments in established technology businesses, today announced that affiliates of Dyal Capital Partners (“Dyal”), a division of Neuberger Berman, made a strategic minority investment in Vector. Under the terms of the transaction, Dyal has acquired a passive, non-voting, minority stake in the firm. There will be no changes to Vector’s strategy, investment process or day-to-day operations.
Vector Capital Announces Successful Restructuring of Funds II and III and Affiliated Vehicles for Approximately $450 Million
Vector Capital, a leading private equity firm specializing in transformational investments in established technology businesses, today announced it has successfully completed a restructuring of Vector Capital II, L.P., a 1999 vintage fund, Vector Capital III, L.P., a 2005 vintage fund, and affiliated vehicles held by existing LPs (collectively, the “Funds”), for approximately $450 million. Goldman Sachs Asset Management’s Vintage Funds and GIC led the transaction, and collectively, are now the largest LPs in the Funds.
CloudSense Raises $77 Million from Vector Capital
CloudSense, a leading Salesforce-native, industry-specific cloud company, today announced a $77 million growth investment from Vector Capital. The funding will be used to accelerate CloudSense’s rapid global expansion, especially in the North American markets, and to accelerate product innovation and development of enterprise focused vertical solutions.
Sizmek Completes Acquisition of Rocket Fuel; Creates World’s Largest Independent Buy-Side Platform Built for Agencies and Brands
Sizmek Inc., the largest people-based creative optimization and data activation platform delivering impressions that inspire, today announced the completion of the acquisition of Rocket Fuel Inc., an industry leading predictive marketing platform. The acquisition creates the largest independent buy-side platform, offering agencies and brands a richer set of products at a global scale.