Vista Equity Partners and Evergreen Coast Capital completed the acquisition of Citrix Systems for $16.5bn.

Vista Equity Partners and Evergreen Coast Capital, two investment firms, completed the acquisition of Citrix Systems, a cloud computing company, for $16.5bn. “The combined company is well positioned for long-term success, leveraging the individual strengths of both Citrix and TIBCO, each established industry leaders. We are pleased to partner with all our valued employees and partners to realize the immense potential of the combined company going forward,” David Kerko, Elliott Head of North American Private Equity and Isaac Kim, Evergreen Senior Managing Director.