M&A Deal Summary |
|
|---|---|
| Date | 2024-04-08 |
| Target | Model N |
| Sector | Internet Software and Services |
| Buyer(s) | Vista Equity Partners |
| Deal Type | Going Private |
| Deal Value | 1.3B USD |
| Advisor(s) | Jefferies (Financial) Fenwick & West (Legal) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 2000 |
| PE ASSETS | 100.0B USD |
| Size | Mega |
| Type | Sector Focused |
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 | 143 of 153 |
| Sector: Internet Software and Services M&A | 47 of 51 |
| Type: Going Private M&A Deals | 24 of 25 |
| State: California M&A | 17 of 17 |
| Country: United States M&A | 132 of 141 |
| Year: 2024 M&A | 1 of 7 |
| Size (of disclosed) | 18 of 33 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-02-13 |
Drift
Cambridge, Massachusetts, United States Drift is an internet communication platform that allows website visitors to engage with company websites easily. Its human-centric, AI-powered platform listens, understands, and learns from buyers to deliver personalized experiences and recommendations at every touchpoint. Drift was formed in 2014 and is headquartered in Cambridge, Massachusetts. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-05-30 |
Portside
Cary, North Carolina, United States Portside is a provider of modern software solutions for the business aviation industry. Portside’s cloud-based operating system for business and government aviation is designed to support all aspects of flight operations, including scheduling and recordkeeping (Avianis, BART and PFM product lines), fleet and crew optimization (Portside Optimizer), safety and compliance (Baldwin), data sharing, reporting and analytics (Portside Owner Portal / Budget & Planning Dashboard), customer billing (ExpensePulse), crew recruiting (Staffing Marketplace), and crew and passenger travel accommodations (Portside Services). Portside is based in Cary, North Carolina. |
Buy | - |
