IFLR1000

Vista Equity Partners £725 million acquisition of Advanced Computer Software Group

19/3/2015
Public acquisition
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£ 725 million

$ 900.823 million

Completed

19/3/2015

Overview:

  • Vista Equity Partners has acquired Advanced Computer Software Group (Advanced) for £725 million.
  • The deal sees the company pay £1.40 a share.
  • Advanced provides healthcare, business and learning management software services. The company has 2000 employees and 20,000 customers.
  • Vista was advised by Goldman Sachs and Morgan Stanley. Advanced was advised by Rothschild.

Sam Duke - Editor

Jurisdiction:

United Kingdom

Deal type:

Public acquisition

Practice area:

M&A

Industry sector:

Technology and telecommunications

Firms:
Ashurst

Party: Goldman Sachs (Financial adviser)

Lawyers: Karen Davies, Tim Rennie, Tom Mercer

Kirkland & Ellis

Party: Vista Equity (Acquirer)

Morrison & Foerster

Party: Advanced Computer Software Group (Target)

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