M&A Deal Summary

Tripleseat Acquires Gather Technologies

On March 5, 2020, Tripleseat acquired software company Gather Technologies from Vista Equity Partners

Acquisition Highlights
  • This is Tripleseat’s 1st transaction in the Software sector.
  • This is Tripleseat’s 1st transaction in the United States.
  • This is Tripleseat’s 1st transaction in Georgia.

M&A Deal Summary
Date 2020-03-05
Target Gather Technologies
Sector Software
Buyer(s) Tripleseat
Sellers(s) Vista Equity Partners
Deal Type Merger

Target

Gather Technologies

Atlanta, Georgia, United States
Gather Technologies, Inc. is a provider of event management software for restaurants and venues. Gather is re-imagining the way private events are planned, managed and executed, empowering thousands of restaurants and venues across the U.S. to successfully grow their events business. The cloud-based platform helps teams streamline their event sales and management workflow, from initial inquiry through day-of execution, simplifying event planning for mid-market venues and their customers.

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Buyer(S) 1

Buyer

Tripleseat

Concord, Massachusetts, United States
Category Company
Founded 2008
Sector Internet Software and Services
DESCRIPTION

Tripleseat is a cloud-based sales and event management application that generates sales and streamlines the planning process for restaurants, hotels, and unique venues. It is the first web-based system created by restaurant event planners for restaurant event planners. Tripleseat was founded in 2008 and is based in Concord, Massachusetts.

DEAL STATS #
Overall 1 of 3
Sector (Software) 1 of 1
Type (Merger) 1 of 1
State (Georgia) 1 of 1
Country (United States) 1 of 2
Year (2020) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-08-08 Attendease

Vancouver, British Columbia, Canada

Attendease is a world-class meeting and event software for enterprise and corporate event planners. Attendease is based in Vancouver, British Columbia.

Buy -

Seller(S) 1

SELLER

Vista Equity Partners

Austin, Texas, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2000
PE ASSETS 100.0B USD
Size Mega
Type Sector Focused
DESCRIPTION
Entrance to Frost Bank Tower, Vista Equity's main office in Austin, Texas.
Entrance to Frost Bank Tower, Vista Equity's main office in Austin, Texas.

Vista Equity Partners is a mega-sized asset management firm focused on private equity, public equity, credit, and other strategies. The Firm's private equity group looks to invest in and acquire software and technology enabled services companies. Specific areas of interest include software, software-as-a-service (SaaS), technology-enabled business services, and technology-enabled information services. Vista can commit up to $700 million per transaction and will consider a variety transaction situations, including management/leveraged buyouts, growth or acquisition financings, recapitalizations or restructurings, spinouts, and take privates. Vista Equity Partners was formed in 2000 and is based in Austin, Texas.

DEAL STATS #
Overall 41 of 70
Sector (Software) 17 of 28
Type (Merger) 4 of 4
State (Georgia) 4 of 4
Country (United States) 38 of 65
Year (2020) 2 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-04 Tripleseat

Concord, Massachusetts, United States

Tripleseat is a cloud-based sales and event management application that generates sales and streamlines the planning process for restaurants, hotels, and unique venues. It is the first web-based system created by restaurant event planners for restaurant event planners. Tripleseat was founded in 2008 and is based in Concord, Massachusetts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-04-21 Jio

Navi Mumbai, India

Jio is a next-generation technology platform focused on providing high-quality and affordable digital services across India. Jio was formed in 2019 and is based in Navi Mumbai, Maharashtra.

Buy -
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