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New Deal


Announced

Vista Equity Partners to make majority investment in Quick Base.

Financials

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Transaction Value£779m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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software-as-a-service

Private

United States

Software

Acquisition

Private Equity

Friendly

Majority

Pending

Single Bidder

Synopsis

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Vista Equity Partners agreed to make majority investment in Quick Base, the leading SaaS platform for building powerful, integrated, customized business applications. Quick Base's current investor, Welsh, Carson, Anderson & Stowe, will retain a significant investment in the company. The deal value is $1bn. "At Quick Base, we are passionately pursuing a near limitless opportunity to disrupt and democratize IT and enterprise software. Every day we're empowering people closest to the work to customize, automate and enhance their processes. Vista shares our vision and our passion, and we could not be more excited to partner with their team to further accelerate our growth," Rick Willett, Quick Base CEO.

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