Vordel Sold to Axway

Vordel has been sold to Axway Software, a business interaction networks specialist. Based in Dublin, Ireland with operations in USA, UK, France and Germany, Vordel has received funding from, among others, Elderstreet Investments and Intel Capital. Mooreland Partners acted as exclusive financial advisor to Vordel.

ADP Sells Taxware Division to Vista Equity Partners

Automatic Data Processing has sold its taxware division to Vista Equity Partners, a private-equity firm focused on investments in software and technology-enabled services. Terms of the sale were not disclosed. Mooreland Partners acted as exclusive financial advisor to ADP.

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