Vitruvian Partners Makes Strategic Growth Investment in Aduro Advisors

Aduro Advisors Acquires VMS Fund Administration

July 12, 2022

Accounting & Tax

Aduro Advisors acquired VMS Fund Administration, a Princeton, New Jersey–based venture capital and private equity fund administrator, in a transaction effective July 1, 2022. The deal — financed by existing Aduro investor PPC Enterprises — expands Aduro’s East Coast presence, adds VMS’s team to Aduro (including founders Dominick Turiano and Joe Pruscino who joined as Partners), and broadens Aduro’s client portfolio.

Vitruvian Partners and Lead Edge Capital Make Majority Growth Investment in Azul Systems

March 4, 2020

Software

London-based Vitruvian Partners, together with New York-based Lead Edge Capital, has agreed to make a majority growth equity investment in Sunnyvale-based Azul Systems. Azul's existing management will remain in place, shareholders are expected to receive approximately $340 million in consideration, and the investment will support product development, team scaling and potential strategic acquisitions to accelerate growth.

Vitruvian Partners Makes Strategic Growth Investment in ObjectiveHealth

January 26, 2024

Healthcare Services

Vitruvian Partners has made a strategic growth investment in ObjectiveHealth, an integrated specialty clinical research network and health technology company headquartered in Franklin, Tennessee. The capital will support ObjectiveHealth’s expansion of operations, geographic reach and continued development of its AI-driven patient identification and trial management technology; existing investors BIP Ventures and Frist Cressey Ventures will remain partners.

Vista Equity Partners Invests Growth Capital in AKUVO

September 18, 2025

Cloud & SaaS

Vista Equity Partners has made a strategic growth capital investment in AKUVO to accelerate the company's AI-driven collections and credit risk management platform. The funding will support AKUVO's product roadmap and commercialization as it scales across banks, credit unions and fintech customers.

Vitruvian Partners to acquire majority stake in Expereo

February 1, 2021

Telecommunications

Vitruvian Partners has agreed to acquire a majority shareholding in Expereo, the managed internet, SD-WAN and cloud access provider, with Apax sas remaining as a minority shareholder and management continuing to lead the business. The deal (subject to customary merger clearances) is intended to accelerate Expereo's growth, broaden its services suite and support further acquisitions to deepen its global network and cloud connectivity offering.

Vertu Capital Makes Strategic Growth Investment in LumiQ Inc.

September 24, 2024

Education

Vertu Capital has made a strategic growth investment in LumiQ Inc., a Toronto-based corporate education platform that delivers accredited professional development content to accounting and finance professionals. The investment is intended to support LumiQ's domestic and international expansion and accelerate product and customer growth.