Announced
Completed
Financials
Sources
Tags
asset management
Asset Managers and Custodians
United Kingdom
Private
Minority
Completed
Friendly
Single Bidder
Acquisition
Private Equity
Synopsis
Silver Lake, a leader in technology investing completed the acquisition of a minority stake in WP Engine, the world’s leading WordPress Digital Experience Platform for $250m. Silver Lake’s investment in the company will help accelerate innovation on WP Engine’s Digital Experience Platform and fuel future growth internationally. “We are partnering with Silver Lake because of their incredible track record as technology investors, their understanding of digital platform businesses like ours and because of the alignment in core values we share. This partnership will help us further invest in our Digital Experience Platform and bring the power of our platform to WordPress users all around the globe.” Heather J. Brunner, WP Engine Chairwoman, and CEO.
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