Announced
Completed
Synopsis
Great Hill Partner, a private equity firm completed the acquisition of EnterpriseDB, a provider of the database management platform from PeakEquity, a private equity firm focused on software companies. Financial terms were not disclosed. EnterpriseDB is the top developer of Postgres software for the enterprise. Customers use EnterpriseDB software to handle large-scale transaction processing, customer analytics, data warehousing, and web-based applications. "This acquisition comes at a time when the Postgres market is exploding. With the team at Great Hill, we've got a partner that can help us accelerate our growth by delivering new services and technological innovation to the Postgres user community." Ed Boyajian, EnterpriseDB President and CEO.
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