Software
Vista backs Globalization Partners at $4B+ valuation amid PE software push
January 24, 2022
Vista Equity Partners has invested $200 million in software-focused employment company Globalization Partners at a $4.2 billion valuation, as private equity firms continue to focus on software businesses while navigating the ever-changing employment field.
Boston-based Globalization Partners offers an employment platform for remote team building. The company serves customers including CoinDesk, TaylorMade and Chime.
Vista is picking up where it left off in 2021 in terms of software-focused investments. The Austin-based firm completed a $3.5 billion buyout of workforce development software company Pluralsight last year, representing the fifth-largest software buyout in 2021, according to PitchBook data.
Vista also participated in the $2 billion buyout of cloud-computing training platform provider A Cloud Guru and the estimated $1.4 billion takeover of advertising specialist TripleLift last year.
Featured image by Tarik Kizilkaya/Getty Images
Boston-based Globalization Partners offers an employment platform for remote team building. The company serves customers including CoinDesk, TaylorMade and Chime.
Vista is picking up where it left off in 2021 in terms of software-focused investments. The Austin-based firm completed a $3.5 billion buyout of workforce development software company Pluralsight last year, representing the fifth-largest software buyout in 2021, according to PitchBook data.
Vista also participated in the $2 billion buyout of cloud-computing training platform provider A Cloud Guru and the estimated $1.4 billion takeover of advertising specialist TripleLift last year.
Related read: Landlords are betting workers will choose the office over the metaverse
Featured image by Tarik Kizilkaya/Getty Images
Comments:
Thanks for commenting
Our team will review your remarks prior to publishing.
Please check back soon to see them live.