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Announced

Completed

Vertu Capital completed the acquisition of ActiveState.

Synopsis

Vertu Capital, a private equity firm, completed the acquisition of ActiveState, a company that supports enterprise software developers in the secure creation and management of applications that use open source programming languages. Financial terms were not disclosed. "ActiveState has a long history of product innovation and leadership, and we are now at an important inflection point. We chose to partner with Vertu Capital because of their strong cultural alignment with our team, their enterprise software expertise, and their understanding of what it takes to scale and grow a complex but vital company like ours. We look forward to building the next chapter with them," Bart Copeland, ActiveState President and CEO.

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