Vitruvian Partners and Lead Edge Capital Make Majority Growth Investment in Azul Systems
March 4, 2020
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.
- Buyers
- Vitruvian Partners, Lead Edge Capital
- Targets
- Azul Systems
- Sellers
- Azul shareholders
- Industry
- Software
- Location
- California, United States
- Transaction Type
- Growth capital
Explore More
Related Acquisitions
-
Vitruvian Partners Makes Strategic Growth Investment in Aduro Advisors
May 23, 2024
Financial Services
Aduro Advisors, a Denver-based fund administrator to venture capital and private equity firms, has secured a strategic growth investment from Vitruvian Partners. Aduro’s management team and existing shareholder PPC Enterprises will retain significant equity as Vitruvian provides capital and strategic support to accelerate Aduro’s service, technology (FundPanel.io) and growth/ acquisition ambitions.
-
Bow River Capital's Software Growth Equity Team Makes Majority Recapitalization of Vitruvi Software
July 12, 2023
Cloud & SaaS
Bow River Capital's Software Growth Equity Team completed a majority recapitalization of Vitruvi Software, a Calgary-based geospatial construction management cloud platform. The investment will support Vitruvi's global scaling, accelerate product development and innovation, and leverage Bow River's operational network while Vitruvi's current management team remains in place.
-
Lead Edge Capital Invests in Holistiplan
August 11, 2023
Software
Lead Edge Capital, a growth equity firm, has made an investment in Holistiplan, a tax planning software provider for financial advisors. Vista Point Advisors served as exclusive financial advisor to Holistiplan on the transaction.
-
Vitruvian Partners Makes Minority Investment in Twinkl
February 22, 2023
Education
Twinkl, the UK-based provider of digital K‑12 teaching resources, has secured a sizable minority growth investment from Vitruvian Partners. The funding will support Twinkl's international growth and product development while the founders, Jon and Susie Seaton, remain involved in the business.
-
NewVale Capital Leads $20M Series C in Aizon
May 21, 2024
AI & Machine Learning
NewVale Capital led a $20 million Series C financing in Aizon to expand availability of its AI-powered software for GxP pharmaceutical manufacturing. The growth capital will support product development, scaling and commercial expansion to improve manufacturing outcomes for biopharma customers.
-
Luminate Capital Partners Makes Strategic Growth Investment in Axonify
April 20, 2021
Cloud & SaaS
Luminate Capital Partners, a private equity firm focused on enterprise software, announced a strategic growth investment in Axonify, a Waterloo-based leader in frontline employee training SaaS. The capital will be used to accelerate product innovation and other growth initiatives while Axonify continues to be led by CEO and co-founder Carol Leaman; Luminate partners will join the company’s board.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.