Genstar Capital Acquires Majority Stake in Vector Solutions
July 1, 2021
Genstar Capital acquired a majority ownership stake in Vector Solutions from Golden Gate Capital, with a strategic investment from Insight Partners. Vector Solutions will remain headquartered in Tampa, Florida and led by CEO Marc Scheipe; Genstar plans to support product development and market expansion, including growth via M&A.
- Buyers
- Genstar Capital, Insight Partners
- Targets
- Vector Solutions
- Sellers
- Golden Gate Capital
- Industry
- Cloud & SaaS
- Location
- Florida, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Genstar Capital and TA Associates Invest in insightsoftware
August 14, 2019
Software
Genstar Capital has made a strategic growth investment in insightsoftware, the Raleigh-based provider of ERP and EPM reporting software, joining existing investor TA Associates. The capital will support insightsoftware’s product expansion and global growth into EMEA and APAC while the company continues to scale its cloud reporting and financial reporting solutions.
-
Genstar Capital Acquires Majority Stake in Blue Star Sports
April 10, 2017
Cloud & SaaS
Genstar Capital has made a majority equity investment in Blue Star Sports to fund strategic acquisitions and accelerate the company's organic growth. Blue Star Sports — a Frisco, Texas–based provider of sports management software and payment solutions — will continue to have material ownership by founder Rob Wechsler, the Jerry Jones family, and Providence Strategic Growth while using the new capital to expand in North America and internationally.
-
Vector Capital Acquires Majority Ownership of WatchGuard Technologies
April 27, 2022
Cybersecurity
Vector Capital has made a large new equity investment in WatchGuard Technologies and acquired interests previously owned by Francisco Partners and other co-investors to become WatchGuard's majority shareholder. The investment positions Vector to accelerate WatchGuard's growth and platform innovation across cloud transformation, SASE, XDR, MDR and MSP-focused security offerings.
-
Genstar Capital Acquires 2020 Technologies From Golden Gate Capital
June 9, 2021
Software
Genstar Capital has acquired 2020 Technologies Inc. from Golden Gate Capital; financial terms were not disclosed. 2020 is a Laval, Quebec–based provider of CAD, CPQ and enterprise solutions for interior design, space planning and furniture manufacturing, and Genstar said it will invest to scale the business and its technology.
-
Genstar Capital Acquires Numerix
August 30, 2022
Software
Genstar Capital, a private equity firm, has acquired Numerix, a provider of capital markets pricing and risk management software. Genstar said it will partner with Numerix's management to accelerate growth, pursue strategic acquisitions, and expand the company's front-to-risk product offerings for banks, buy-side firms and insurers.
-
Hg Makes c.$1bn Strategic Investment in insightsoftware
July 13, 2021
Cloud & SaaS
Hg’s Saturn 2 Fund will make a c.$1bn equity investment in insightsoftware to become a significant minority shareholder alongside TA Associates, in a transaction valuing the business at an enterprise value of around $4.0bn. The investment will support insightsoftware’s continued scale as a cloud financial reporting and EPM platform, with existing minority shareholders Genstar and ST6 remaining supportive and TA and Hg sharing joint control.
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.