Vista Equity to sell TransFirst to TSYS for $2.35 bln

By Luisa Beltran — 2 weeks ago

TSYS said Tuesday that it has agreed to buy TransFirst from Vista Equity Partners in a deal valued at $2.35 billion. Hauppauge, New York-based TransFirst is one of the largest providers of secure payment processing in the U.S. As a result of the deal, TSYS said it would be the 6th largest U.S. acquirer based on net revenue, supporting more than 645,000 merchant outlets. Bank of America Merrill Lynch and GCA Savvian Advisors LLC provided financial advice to TSYS, while First Annapolis Consulting acted as strategic advisor. King & Spalding LLP provided legal advice TSYS. Credit Suisse, Goldman Sachs and J.P. Morgan provided financial advice to TransFirst/Vista. Kirkland & Ellis, led by Stuart Casillas, was legal advisor to TransFirst/Vista.

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Vista Equity sells majority of Sovos Compliance

By Luisa Beltran — 3 weeks ago

HgCapital has acquired a majority stake in Sovos Compliance. Financial terms weren’t announced. Vista Equity Partners was the seller. Wilmington, Massachusetts-based Sovos provides tax compliance software. Shea & Company acted as the exclusive financial advisor to Sovos/Vista.

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Vista Equity invests in Vivid Seats

By Luisa Beltran — 4 weeks ago

Vista Equity Partners has invested in Vivid Seats Ltd. Financial terms weren’t announced. Chicago-based Vivid Seats is a secondary ticket marketplace for live sports, concerts and theater events. William Blair served as financial advisor to Vivid Seats. RBC Capital Markets served as financial advisor to Vista Equity Partners.

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Vista Equity buys MarketLive, Shopatron

By Luisa Beltran — 2 months ago

Vista Equity Partners has acquired simultaneously MarketLive Inc. and Shopatron. Financial terms weren’t announced. MarketLive provides digital commerce software and services for retailers, catalogers, direct marketers and manufacturers. Shopatron supplies cloud-based, distributed order management solutions. Both transactions are slated to close by year end.

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TA Associates to buy majority stake in Miratech

By Iris Dorbian — 5 months ago

TA Associates has agreed to acquire a majority stake in Austin, Texas and UK-based Miratech, a provider of enterprise legal management solutions for corporate legal departments. No financial terms were disclosed. In addition to the funding, Hythem El-Nazer and Ashu Agrawal of TA Associates have been added to Miratech’s board of directors. Also, as a result of the transaction, Vista Equity Partners has exited its stake in Miratech.

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TA Associates to buy Mitratech

By Luisa Beltran — 5 months ago

TA Associates has agreed to acquire a majority stake of Mitratech. Vista Equity Partners is the seller. Financial terms weren’t announced. Austin-based Mitratech provides software solutions for legal departments. William Blair advised Mitratech/Vista while Marks Baughan Securities advised TA Associates.

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Vista Equity to buy Solera for $6.5 bln

By Luisa Beltran — 5 months ago

Vista Equity Partners has agreed to buy Solera Holdings Inc. in a transaction valued at about $6.5 billion. Other investors include Koch Equity Development LLC and an affiliate of Goldman Sachs & Co. Vista is buying 100 percent of Solera for $55.85 a share. David Baron, Michael Lucas, and Aleksej Moser of Rothschild Inc. advised Solera, Centerview Partners LLC provided financial advice to the Special Committee and Morgan Securities LLC represented Vista.

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