Providence Equity sold Vector Solutions to Golden Gate Capital.

Providence Equity, a premier global asset management firm, sold Vector Solutions, a leader in eLearning and performance support, to Golden Gate Capital. Financial terms were not disclosed. “Vector Solutions has built a strong portfolio of industry-leading training technology and SaaS solutions that provide its customers with mission-critical tools,” said Rishi Chandna, a Managing Director at Golden Gate Capital. “Vector Solutions is successfully executing against its strategy – including expanding from eLearning solutions into a performance optimization company – and driving impressive growth. We look forward to partnering with Jeff and the terrific team to support the Company’s continued growth, both organically and through targeted acquisitions.”