Vector Capital to Acquire Majority Ownership of WatchGuard Technologies
SEATTLE, April 27, 2022 (GLOBE NEWSWIRE) -- WatchGuard® Technologies, a global leader in network security and intelligence, advanced endpoint protection, multi-factor authentication (MFA), and secure Wi-Fi, today announced that it has entered into a definitive agreement with Vector Capital to make a large new equity investment in the business, acquire interests previously owned by Francisco Partners and other co-investors, and become the company’s majority shareholder. Financial terms were not disclosed.
Credit Industry Veteran Joe Reid Joins Vector Credit as Head of Marketing and Investor Relations
SAN FRANCISCO--(BUSINESS WIRE)--Vector Credit, the credit strategy of Vector Capital focused on opportunistic and event-driven investments in telecom, media and technology (TMT) businesses, today announced Joe Reid has joined the firm as Managing Director and Head of Marketing and Investor Relations. Mr. Reid is a seasoned industry executive who was most recently a Managing Director in Marketing and Investor Relations at Monroe Capital LLC. In this role, Mr. Reid will be responsible for overseeing the firm’s credit marketing and investor relations activities.
MoxiWorks acquires best-in-class lead nurturing platform, ActivePipe
SEATTLE, WA. (Feb 22, 2022) – MoxiWorks, the leading real estate technology platform, announced today the acquisition of ActivePipe, a premier lead nurturing platform for real estate professionals. Founded and headquartered in Australia, ActivePipe operates in four countries supporting more than 2,500 brokerages and more than 40,000 agents. ActivePipe joins MoxiWorks’ sphere-based CRM, MoxiEngage, leading CMA interactive presentation tool, MoxiPresent, as well as its recruiting system, marketing suite, websites platform, and most recently its new back-office solution, MoxiBalance. Financial terms of the deal were not disclosed.
Planful Achieves Record-breaking Growth in 2021, Driven by Market Demand and Transformation Strategy
Planful Inc., the pioneer of end-to-end financial close, consolidation, and financial planning & analysis (FP&A) cloud software, today announced a breakthrough fiscal year, with new customer acquisitions up 95% year-over-year.
CM Group and Cheetah Digital Finalize Merger, Leverage the Power of Zero-Party Data to Drive Lifetime Value for Customers
NASHVILLE, Tenn., Feb. 08, 2022 (GLOBE NEWSWIRE) -- CM Group, a family of martech solutions specializing in multichannel digital marketing, today announced that the merger with Cheetah Digital has been finalized. The combined company, operating under the CM Group name, provides highly personalized marketing solutions across a wide range of industries worldwide. CM Group’s merger with Cheetah Digital underscores its commitment to delivering industry leading customer engagement solutions that allow marketers to build relevant, meaningful consumer interactions at every point in the customer journey while maintaining the highest levels of data privacy.
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Planful Named a "Hot Company to Watch" in 2022 by Nucleus Research
REDWOOD CITY, Calif., Dec. 14, 2021 /PRNewswire/ -- Planful Inc., the pioneer of end-to-end financial close, consolidation, and financial planning & analysis (FP&A) cloud software, announced today that it has been named in the "2022 Nucleus Research Hot Companies to Watch" list. In the report, Nucleus Research notes that Planful's platform is a solution for organizations navigating COVID-19's market disruptions, with Planful's agile forecasting capabilities highlighted as a necessity for businesses to remain competitive in today's economy.
MarkLogic Acquires Leading Metadata Management Provider Smartlogic
SAN CARLOS, Calif.--(BUSINESS WIRE)--MarkLogic Corporation, a leader in complex data integration and portfolio company of Vector Capital, today announced it has acquired Smartlogic, a premier metadata management solutions provider and leader in semantic AI technology. As part of the transaction, Smartlogic’s founder and Chief Executive Officer, Jeremy Bentley, as well as other members of the senior management team, will join the MarkLogic executive team. Financial terms of the transaction were not disclosed.
CM Group and Cheetah Digital Merge to Define Next Era of Customer-Centric Marketing
NASHVILLE, Tenn., Oct. 21, 2021 (GLOBE NEWSWIRE) -- CM Group, a portfolio of martech companies focused on multichannel digital marketing, today announced its merger with Cheetah Digital under the CM Group name. The merger expands and enhances both CM Group’s and Cheetah Digital’s ability to deliver innovative email, omnichannel, personalization, and loyalty solutions. The combined company will own a broad array of technologies referenced in the 2021 Gartner Magic Quadrant for Multichannel Marketing Hubs, which orchestrate marketer communications with client segments across multiple channels.
Vector Capital Makes Co-Investment in McGraw Hill Education
SAN FRANCISCO--(BUSINESS WIRE)--Vector Capital, a leading private equity firm specializing in transformational investments in established technology businesses, announced today it has made a co-investment in McGraw Hill Education (“McGraw Hill” or the “Company”), a global leader in educational content and digital platforms, in partnership with Platinum Equity. Platinum Equity originally acquired McGraw Hill in July of 2021.