Cambium Networks Corporation Announces Pricing of Secondary Offering
ROLLING MEADOWS, Ill., Dec. 03, 2020 (GLOBE NEWSWIRE) -- Cambium Networks Corporation (Nasdaq: CMBM) (“Cambium”), a provider of wireless networking infrastructure solutions, today announced the pricing of an underwritten secondary public offering of 2,500,000 ordinary shares to be sold by Vector Cambium Holdings (Cayman), L.P. (“VCH, L.P.”), which is owned by Vector Capital and certain of its affiliates (together with VCH, L.P., “Vector Capital”), at a public offering price of $28.00 per share, for total gross proceeds to Vector Capital of approximately $70 million, before deducting underwriting discounts and commissions and offering expenses. The offering is expected to close on December 8, 2020, subject to the satisfaction of customary closing conditions. In addition, Vector Capital has granted the underwriters a 30-day option to purchase up to an additional 375,000 ordinary shares at the public offering price, less underwriting discounts and commissions.
Vector Capital to Acquire Mood Media
SAN FRANCISCO--(BUSINESS WIRE)--Vector Capital, a leading private equity firm specializing in transformational investments in established technology businesses, today announced it has entered into a definitive agreement to acquire Mood Media, the world's leading in-store media solutions company dedicated to elevating the Customer Experience. Under the terms of the agreement, Vector Capital will make a meaningful equity investment in Mood Media’s business, and the company’s existing lenders, including investment funds and accounts managed by HPS Investment Partners, LLC, will continue to support Mood Media with a new credit facility at closing.
Donuts Inc. to Acquire Afilias, Inc
BELLEVUE, Wash., Nov. 19, 2020 /PRNewswire/ -- Donuts Inc., the global leader in next generation top-level domains (TLD) and digital identity, today announces that it has entered into an agreement to purchase Afilias, Inc. for an undisclosed sum. The transaction, which will not include Afilias' mobile software and registrar businesses, is expected to close in Q4 2020, following successful completion of regulatory requirements.
Vector Capital Appoints Anupam Banerjee Managing Director and Head of Value Creation
SAN FRANCISCO--(BUSINESS WIRE)--Vector Capital, a leading private equity firm specializing in transformational investments in established technology businesses, today announced Anupam Banerjee has joined the firm as a Managing Director and Head of Value Creation. At Vector Capital, Mr. Banerjee will work with the firm’s investment team to underwrite new investments and assist portfolio companies to develop and execute go-to-market strategies, drive growth, and improve profitability.
Vector Capital Portfolio Company Emarsys Completes Sale to SAP
SAN FRANCISCO--(BUSINESS WIRE)--Vector Capital, a leading private equity firm specializing in transformational investments in established technology businesses, today announced the successful sale of Emarsys, a leading provider of cloud-based talent management software, to SAP SE (NYSE: SAP). Terms of the transaction were not disclosed.
Vector Capital Completes Acquisition of MarkLogic
SAN FRANCISCO--(BUSINESS WIRE)--Vector Capital, a leading private equity firm specializing in transformational investments in established technology businesses, today announced the successful completion of its acquisition of MarkLogic Corporation, a leading provider of enterprise data integration and data management solutions
Enterprise Data Management Leader MarkLogic to Be Acquired by Vector Capital
SAN FRANCISCO – October 7, 2020 – Vector Capital, a leading private equity firm specializing in transformational investments in established technology businesses, today announced it has entered into a definitive agreement to acquire MarkLogic Corporation, a leading provider of enterprise data integration and data management solutions.
Vector Acquisition Corporation Announces Closing of $300 Million Initial Public Offering
SAN FRANCISCO--(BUSINESS WIRE)--Vector Acquisition Corporation (the “Company”), a special purpose acquisition company led by Alex Slusky and formed for the purpose of entering into a combination with one or more businesses, today announced the closing of its initial public offering of 30,000,000 units at a price of $10.00 per unit. Total gross proceeds from the offering were $300 million before deducting underwriting discounts and commissions and other offering expenses payable by the Company.
Vector Capital Acquires Patron Technology
Vector Capital, a leading private equity firm specializing in transformational investments in established technology businesses, today announced its investment in Patron Technology (“Patron”), a premier event technology platform.
Work from home and increasing cyber threats will drive cybersecurity M&A
Deal activity in the cybersecurity sector is being driven by a combination of rising cyber threats and more people working from home. Earlier in 2020, Francisco Partners and Vector Capital-backed cybersecurity company WatchGuard Technologies acquired network security provider Panda Security. Mergers & Acquisitions spoke with WatchGuard CEO Prakash Panjwani about the Panda deal and M&A trends in the sector.