Vista Equity sale of Advicent heads to first round: sources


Vista Equity, Advicent, Aurora Capital, private equity, merger, M&A,
  • Advicent produces high teens EBITDA: source
  • Advicent was the financial planning division of Zywave
  • Vista Equity invested in Zywave in 2008
First-round bids for Advicent Solutions, a portfolio company of Vista Equity Partners, are due next week, three sources said. Vista put Advicent up for sale last month, sources said. Advicent, Milwaukee, provides wealth-management software for registered investment advisers. Raymond James ...

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