Vista Equity Partners and Warburg Pincus Acquire Redwood Software from Turn/River Capital

Turn/River Capital Acquires SolarWinds

April 16, 2025

Software

Turn/River Capital has completed the acquisition of SolarWinds Corporation for approximately $4.4 billion, paying SolarWinds shareholders $18.50 per share in cash. With the closing, SolarWinds becomes a privately held company; Turn/River said it will invest in product innovation, observability, and AI-powered automation to accelerate growth.

Redwood Trust Acquires Riverbend Funding (to integrate into CoreVest)

April 28, 2022

Financial Services

Redwood Trust, Inc. (NYSE: RWT) has acquired Riverbend Funding, LLC (Riverbend), a private bridge and business-purpose mortgage lender, in an all-cash transaction. Riverbend will be integrated into Redwood’s CoreVest platform to expand CoreVest’s single-asset bridge product, geographic footprint and origination/distribution capabilities; Riverbend is headquartered in Portland, Oregon with over 50 employees and originated more than $1.0 billion of loans in the past twelve months.

Vista Equity Partners and Evergreen Coast Capital Acquire Citrix Systems and Combine it with TIBCO Software

September 30, 2022

Software

Vista Equity Partners and Evergreen Coast Capital completed the $16.5 billion acquisition of Citrix Systems, with Citrix shareholders receiving $104.00 per share. The buyers plan to combine Citrix with Vista portfolio company TIBCO Software to create a scaled enterprise software provider focused on secure digital workspaces, data management and accelerating Citrix’s SaaS transition.

Redwood Family Care Network (Webster Equity Partners) Acquires Eagles Wing

October 7, 2025

Healthcare Services

Redwood Family Care Network, a multi-state provider of services to individuals with intellectual and developmental disabilities and a portfolio company of Webster Equity Partners, has acquired Minnesota-based Eagles Wing. The acquisition expands Redwood's geographic footprint into the Midwest and augments its residential and day support services for individuals with developmental disabilities.

Vista Equity Partners Takes Majority Stake in Pipedrive

November 12, 2020

Cloud & SaaS

Pipedrive, a sales CRM platform, announced a majority investment from Vista Equity Partners. Existing investors including Bessemer Venture Partners, Insight Partners, Atomico, DTCP and Rembrandt Venture Partners will remain as minority holders while Vista will support Pipedrive's product development and international growth.

Vista Equity Partners Acquires Duck Creek Technologies

March 30, 2023

Cloud & SaaS

Vista Equity Partners has completed its all-cash acquisition of Duck Creek Technologies for $19.00 per share, valuing the company at approximately $2.6 billion. The deal takes Duck Creek private and pairs its cloud-based P&C insurance software platform with Vista’s enterprise software-focused investment platform to accelerate product and cloud adoption among insurance carriers.