Vista Equity Partners, a global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, has announced two leadership appointments to its private equity funds.
Rachel Arnold will be appointed senior managing director and co-head of Vista’s endeavor fund alongside current co-head
René Stewart.
Patrick Severson will be appointed senior managing director and co-head of Vista’s foundation fund alongside current co-head
Marc Teillon.
“Rachel helped launch the endeavor fund, and it is a privilege to now partner with her to co-lead one of the world’s largest tech buyout funds led exclusively by women,” said Stewart. “Her strong leadership, proven ability to build and inspire teams and strategic operating expertise will be powerful tools as fund co-head.”
Bloomberg Adds Analytics Firm Second Measure
Bloomberg L.P. has purchased consumer data analytics company
Second Measure. The acquisition strengthens Bloomberg’s offerings on company information and market data.
Second Measure helps businesses gain insight into their performance and consumer behavior with data analytics services. “Our clients are increasingly incorporating non-traditional data in their investment and business strategy decisions. We’re committed to helping them extract high-value insights from those datasets faster, through innovative technologies and sophisticated models like those developed by Second Measure,” says Bloomberg chief technology officer
Shawn Edwards.
Vista Equity Partners, a global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, has announced two leadership appointments to its private equity funds.
Permira Backs Boats Group
Permira has taken a majority stake in software company
Boats Group from
YachtWorld, Boat Trader, boats.com, Cosas De Barcos, Annonces du Bateau and
Botentekoop. “Boats Group’s ability to provide boat buyers and sellers with differentiated, network-effects powered services and solutions has made it the definitive platform for the recreational boating space, attracted a very loyal customer base, and propelled stand-out growth and profitability,” says Permira principal
David Erlong. “The recreational marine industry is still in the very early innings of its digitization journey with many unmet needs.”
RBC Capital Markets is serving as financial advisor to Permira, and
Replay Access Code: 10150767
A transcript of the call will also be filed by Altimar with the SEC (News - Alert).
On the call, the presenters will be reviewing an investor presentation, which will be filed with the SEC as an exhibit to a Current Report on Form 8-K prior to the call, and available on the SEC website at www.sec.gov.
About Altimar Acquisition Corporation
Altimar Acquisition Corporation is a special purpose acquisition company sponsored by Altimar Sponsor, LLC, an affiliate of HPS Investment Partners, LLC, formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. For more information, visit www.altimarspac.com.
SPAC: Dyal Capital and Owl Rock Agree to $12.5 Billion Merger
Posted on 12/23/2020
Investment firms Dyal Capital Partners and Owl Rock have agreed to combine and go public. New York-based Altimar Acquisition Corporation, a special purpose acquisition company set up by HPS Investment Partners LLC, will merge with the combined entity, to be named Blue Owl Capital Inc. This move will take the asset managers public with a US$ 12.5 billion valuation.
Altimar Acquisition Corporation, with US$ 275 million in its cash-in trust, is purchasing interests of Blue Owl at a pre-money valuation of roughly US$ 12.15 billion. Blue Owl equityholders will retain US$ 10.7 billion in equity, resulting in pro-forma ownership of 85%. US$ 1.45 billion in cash proceeds will be divided with US$ 350 million to certain third-party Owl Rock investors and US$ 1,100 million to Neuberger Berman, representing a partial sale of its interests.