Vista to acquire JAGGAER from Cinven.

Vista, a global investment firm, agreed to acquire JAGGAER, an enterprise procurement and supplier collaboration software, from Cinven, a private equity investment firm. Financial terms were not disclosed. “This new partnership with Vista underscores JAGGAER’s strong momentum and the compelling value our intelligent software delivers by helping our customers manage and automate complex processes while enabling a highly resilient, responsible and integrated supplier base, Vista is a highly experienced software investor, and I’m confident they will be an exceptional partner to JAGGAER during this exciting next phase of growth and opportunity,” Andy Hovancik, JAGGAER CEO.