Announced

Vista Equity to acquire Black Mountain.

Synopsis

Vista Equity agreed to acquire Black Mountain, the leading provider of software solutions to credit investors and alternative asset managers. Financial terms were not disclosed. Vista’s investment in Black Mountain will help drive the software company’s continued growth domestically and internationally, while also providing new capital to invest in the development of Black Mountain’s state of the art platform and tailored solutions for data aggregation, process management, and business reporting. “We’ve already established ourselves as the market leader in workflow software for credit, structured credit, and alternative asset managers and now we have a partner in Vista who will help us leverage and build upon that leadership position with financial and intellectual capital to accelerate our growth.” Andy Horowitz, Black Mountain co-CEO.

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