Vista invested in Allocate Software and Dynama Solutions.

Vista Equity Partners acquired Allocate Software, the leading international provider of healthcare workforce management software, and its subsidiary Dynama Solutions from HgCapital. The terms of the transaction have not been disclosed. HgCapital realised cash proceeds of approximately £19.9m on completion of this transaction. Dr. Sati Sian, CEO, Allocate, said: “The significant investment and partnership with Hg over the period has supported the company to provide valued solutions to over a million additional healthcare, and other, workers in around 11 different countries worldwide. This has helped our customers improve care delivery, provide a better experience for workers, while at the same time enabling individual organisations each to unlock as much as £4m in annualised savings.”