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Announced

Vista Equity Partners completed a $150m investment in OfficeSpace Software.

Financials

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Transaction Value£110m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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workplace management software

Software

software development

Minority

United States

Domestic

Private

Friendly

Completed

Private Equity

Acquisition

Single Bidder

Synopsis

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Vista Equity Partners, a global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, completed a $150m investment in OfficeSpace Software, a provider of workplace management software. "This is a milestone moment for OfficeSpace as we help our clients navigate the future of work. We pride ourselves on going above and beyond to support our customers, and this investment allows us to carry on and evolve the service excellence our clients are accustomed to. We’re thrilled to receive support from Vista and continue our partnership with Resurgens, who believe in our vision of creating a better place for everyone, wherever work happens. I’m incredibly proud of our team, and we are ready to build on our strong foundation and continue to bring exceptional value to our customers," David Cocchiara, OfficeSpace CEO.

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