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.
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.