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Accelya announces acquisition by Vista Equity Partners

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Accelya announced that it is being acquired by Vista Equity Partners (Vista), a leading investment firm focused on enterprise software, data and technology-enabled businesses. Vista's investment in Accelya is the first made by the firm's permanent capital investment fund Vista Equity Partners Perennial (Perennial), which is focused on growing industry-leading vertical software companies through long-term investments in product expansion and feature enhancement.

Warburg Pincus will exit its partnership with Accelya upon its sale to Vista, which is subject to customary closing conditions and regulatory approvals. In jurisdictions where it is required to do so, Vista will take appropriate steps to comply with any mandatory open offer requirements.

 

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First Published: Nov 19 2019 | 9:28 AM IST

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