Category Archives: Private Equity

Vista’s $3.5B purchase of Pluralsight signals a maturing edtech market

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On Monday, Pluralsight, a Utah-based startup that sells software development courses to enterprises, announced that it has been acquired by Vista for $3.5 billion. The deal, yet to close, is one of the largest enterprise buys of the year: Vista is getting an online training company that helps retrain techies with in-demand skills through online […] Continue reading Vista’s $3.5B purchase of Pluralsight signals a maturing edtech market→

Vista acquires IT education platform Pluralsight for $3.5B

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The hectic M&A cycle we have seen throughout 2020 continued this weekend when Vista Equity Partners announced it was acquiring  Pluralsight for $3.5 billion. That comes out to $20.26 per share. The company stock closed on Friday at $18.50 per share on a market cap of over $2.7 billion. With Pluralsight, Vista gets an online […] Continue reading Vista acquires IT education platform Pluralsight for $3.5B→

Thoma Bravo acquires Flexera for second time paying $2.85B

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Thoma Bravo must really like Flexera, an IT asset management company out of Chicago. The private equity firm bought the company for the second time today. Sources told TechCrunch the price was $2.85 billion. Technically, Thoma Bravo is getting a majority stake in the company, buying it from previous owners TA Associates and Ontario Teachers’ […] Continue reading Thoma Bravo acquires Flexera for second time paying $2.85B→

Vista acquires Gainsight for $1.1B, adding to its growing enterprise arsenal

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Vista Equity Partners hasn’t been shy about scooping up enterprise companies over the years, and today it added to a growing portfolio with its purchase of Gainsight.  The company’s software helps clients with customer success, meaning it helps create a positive customer experience when they interact with your brand, making them more likely to come […] Continue reading Vista acquires Gainsight for $1.1B, adding to its growing enterprise arsenal→

Which emerging technologies are enterprise companies getting serious about in 2020?

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Even within the same industry, not all big, established companies are the same when it comes to their readiness to start investing in new technology. Continue reading Which emerging technologies are enterprise companies getting serious about in 2020?→

Sprinklr raises $200M on $2.7B valuation three years after last investment

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Sprinklr has been busy the last few years acquiring a dozen companies, then rewriting their code base and incorporating them into the company’s customer experience platform. Today, the late-stage startup went back to the fund raising well for the first time in three years, and it was a doozy, raising $200 million on a $2.7 […] Continue reading Sprinklr raises $200M on $2.7B valuation three years after last investment→

Sumeru Equity Partners buys majority stake in SocialChorus with $100M investment

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SocialChorus, a startup that helps distribute communications internally in a similar way marketers reach customers externally, announced a $100 million investment today led by Sumeru Equity Partners. With this investment, the firm has bought a majority stake in the company. As part of today’s deal, Sumeru will be adding three members to the SocialChorus board. […] Continue reading Sumeru Equity Partners buys majority stake in SocialChorus with $100M investment→

Apple device management company Jamf files S-1 as it prepares to go public

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Jamf, the Apple device management company, filed to go public today. Jamf might not be a household name, but the Minnesota company has been around since 2002 helping companies manage their Apple equipment. In the early days, that was Apple computers. Later it expanded to also manage iPhones and iPads. The company launched at a […] Continue reading Apple device management company Jamf files S-1 as it prepares to go public→

India’s richest man built a telecom operator everyone wants a piece of

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As investors’ appetites sour in the midst of a pandemic, a three-and-a-half-year-old Indian firm has secured $10.3 billion in a month from Facebook and four U.S.-headquartered private equity firms. The major deals for Reliance Jo Platforms have sparked a sudden interest among analysts, executives and readers at a time when many are skeptical of similar […] Continue reading India’s richest man built a telecom operator everyone wants a piece of→

Kentik raises $23.5M for its network intelligence platform

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Kentik, the company once known as CloudHelix, today announced that it has raised a $23.5 million growth funding round led by Vistara Capital Partners, with existing investors August Capital, Third Point Ventures, DCVC, and Tahoma Ventures also participating. With this round, Kentik has now raised a total of $61.7 million. The company’s platform allows enterprises […] Continue reading Kentik raises $23.5M for its network intelligence platform→