Announced
Financials
Tags
software-as-a-service
Private
United States
Software
Acquisition
Private Equity
Friendly
Majority
Pending
Single Bidder
Synopsis
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.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.