Announced
Financials
Tags
Private
Friendly
resource management
Domestic
United States
Single Bidder
Private Equity
Acquisition
Majority
Pending
Software
Synopsis
Vista Equity Partners agreed to acquire ARCOS, a provider of resource management software for utilities, airlines and other critical infrastructure industries, from Riverside, a global private equity firm. Financial terms were not disclosed. “With Vista’s partnership, we will continue to bring our best-in-breed technology solutions to these industries, as well as explore new areas for product expansion and help our clients continue to modernize practices and processes, so they can respond and restore services quickly. We are thrilled to have Vista’s backing as we chart our next chapter,” Bruce Duff, ARCOS CEO.
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