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Billionaire Robert Smith's Firm More Than Doubles Bet on Software Maker With $4.6 Billion Sale - Vimarsana News

Billionaire Robert Smith's Firm More Than Doubles Bet on Software Maker With $4.6 Billion Sale

(Bloomberg) -- Buyout titan Robert Smith’s Vista Equity Partners more than doubled its initial investment in Apptio Inc. after International Business Machines Corp. agreed to acquire the software maker for $4.6 billion.Most Read from BloombergPutin Blasts Wagner ‘Traitors’ After Prigozhin Denies Coup PlotRussia Latest: Zelenskiy Adviser Says Wagner Remains in UkrainePutin Faces Historic Threat to Absolute Grip on Power in RussiaSilence Cloaks Kremlin After Russian Mutiny Against PutinRussia Late

Source: yahoo.com
Vista-owned alt-data provider 7Park Data being absorbed by Apptio - Vimarsana News

Vista-owned alt-data provider 7Park Data being absorbed by Apptio

Samantha Lee/Business Insider This story is available exclusively to Insider subscribers. Become an Insider and start reading now. 7Park Data, which Vista Equity Partners bought for $100 million, is shuttering as a stand-alone alt-data business and being absorbed into the Vista-owned software provider Apptio. The company has struggled to deal with a new mandate from Vista, the loss of key outside data streams, and client departures, sources told Insider. In 2017, 7Park had a large client roster including a star-studded list of ...