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New Deal


Announced

Completed

Vista Equity Partners completed the acquisition of Tripleseat from Level Equity and Dundee Venture Capital.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

hotel platform

United States

Friendly

Acquisition

Online and Social Platforms

restaurant platform

Single Bidder

Private Equity

Majority

Domestic

Completed

Venture Capital

Synopsis

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Vista Equity Partners, an investment firm, completed the acquisition of Tripleseat, a restaurant and hotel management platform, from Level Equity and Dundee Venture Capital, two American private equity firms. Through the acquisition, Gather, already owned by Vista, will be merged with Tripleseat. Financial terms were not disclosed. "By merging the two companies, we will now have the opportunity to create even greater value for the thousands of event and sales operators that use Tripleseat and Gather applications every day. We are excited to join forces with the Gather team, who share our belief in the immense opportunity to utilize technology solutions to transform the way events are booked and managed," Jonathan Morse, Tripleseat CEO.

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