Announced
Completed
Financials
Sources
Tags
Domestic
Private
Completed
Single Bidder
Acquisition
Majority
Private Equity
Software
software development
United States
project management
Friendly
Synopsis
STG, a private equity firm, completed the acquisition of Wrike, a collaborative work management company, from Vista Equity Partners and Elliott Investment Management. Financial terms were not disclosed. “We thank Andrew for his unwavering service and dedication to Wrike over his long and distinguished career, including building the company from the ground up and navigating the company through multiple key transitions. Thomas has the deep respect of Wrike’s senior leadership team and has already played a critical role in building the operational infrastructure for growth at Wrike, setting the stage for a seamless transition of leadership. We are excited to partner with Thomas and believe he is uniquely positioned to lead the Company through its pivotal transition period,” Sunit Mukherjee, STG Managing Director.
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