Vector Capital Raises $1.4 Billion for Fund V
Vector Capital, a leading investment firm specializing in transformational investments in established technology businesses, today announced that it has successfully closed its fifth private equity fund, Vector Capital V, L.P. (the “Fund”), at $1.4 billion, exceeding the Fund’s $1.2 billion target.
Vector Capital raises $1.4 billion private equity fund
Vector Capital said on Wednesday it raised a $1.4 billion private equity fund, giving the U.S. buyout firm more firepower to pursue acquisitions in the technology sector as it faces increasing competition from rival investment firms.
Meltwater secures $60M debt funding with Silicon Valley Bank, Vector Capital
Meltwater, a global leader in media intelligence solutions, today announced it has closed a $60M debt funding round with Silicon Valley Bank and Vector Capital in order to ramp up strategic acquisitions.
CollabNet CEO Flint Brenton Named Executive of the Year by the 2016 Golden Bridge Awards
CollabNet, a global leader in enterprise software development and release management, announced that its CEO Flint Brenton was selected by the 2016 Golden Bridge Awards as Executive of the Year in the IT software category. This award recognizes executives for their contributions to the industry and impact on their organizations.
Emarsys Launches Artificial Intelligence Capabilities to Simplify and Revolutionize the Role of B2C Marketers
Emarsys, a leading global B2C marketing cloud company, announces the launch of Emarsys AI Marketing (AIM) that will revolutionize the role of marketers, and increase revenue and return on investment (ROI) for global brands. The new, disruptive capabilities of AIM will alleviate the marketer’s burden, not by adding more disparate tools, but by simply and effectively bridging the gap between complex data science and executing truly personal omnichannel campaigns at scale.
Vector Capital Announces Successful Completion of Cash Tender Offer for Shares of Sizmek
Sizmek Inc. (NASDAQ:SZMK) and Vector Capital today announced the successful completion of the tender offer by Solomon Merger Subsidiary, Inc., a wholly owned subsidiary of Solomon Holding, LLC and an affiliate of Vector, for all of the outstanding shares of common stock of the Company at a price of $3.90 per share.
Vector Capital Sells Gerber Technology to American Industrial Partners
Vector Capital, a leading private equity firm specializing in transformational investments in established technology businesses, today announced the sale of Gerber Technology, a leading provider of integrated software and automated systems for the production of flexible materials, to American Industrial Partners. Terms of the transaction were not disclosed.
Vector Capital Credit Opportunity Fund Wins Catalyst Cap Intro Award
The Vector Capital Credit Opportunity Fund was named the Cap Intro Awards Winner after its participation at the Catalyst Financial Partners capital introduction event in March 2016.
Corel Acquires MindManager
Corel today announced that it has acquired the Mindjet® MindManager® business from Spigit, expanding its product portfolio to now include the world's leading mind mapping and information visualization software, MindManager® for Windows, MindManager® for Mac, and MindManager® Enterprise.
Sizmek to be Acquired by Vector Capital
Sizmek Inc. (NASDAQ:SZMK), a global open ad management company that delivers omnichannel campaigns, today announced that it has entered into a definitive agreement with affiliates of Vector Capital, a technology-focused private equity firm, under which an affiliate of Vector will acquire all of the outstanding shares of Sizmek common stock for $3.90 per share in an all-cash tender offer.