Vista Equity Partners to acquire Wrike from TMT Investments for $23m.

Vista Equity Partners agreed to acquire Wrike, a privately held project management application service provider based in San Jose, from TMT Investments, the venture capital company investing in high-growth technology companies, for $23m. The board of TMT believes that the disposal demonstrates the Company's ability to identify and invest in early-stage high-growth companies within the technology sector that have the ability to create significant shareholder value through capital appreciation.