Golden Gate Capital acquired Vector Solutions from Providence Equity Partners.

Golden Gate Capital completed the acquisition of Vector Solutions, a specialist in eLearning and SaaS performance support solutions, from Providence Equity Partners. Financial terms were not disclosed. Vector Solutions offers SaaS-based, compliance-driven enterprise eLearning, workforce management and performance improvement solutions to targeted industries in three primary sectors: commercial, public sector, and education. Their innovative products help organisations improve outcomes, optimise performance, and reduce risk in many industries, including engineering and construction, industrial manufacturing, K12 and higher education, and public safety. “This transaction is validation of the strong company Vector has built and allows us to continue on our strategic path and execute on our next phase of our growth. Alongside Golden Gate Capital, which has deep software industry and operational experience, we will focus on enhancing our product capabilities and offerings, building out best-in-class delivery competencies, and expanding geographically," Jeff Gordon, Vector Solution's CEO.