Today, we remain singularly-focused on capturing the opportunities in this market. Suite 4000 Oakland, CA 94607, Copyright © 2020 by Vista Equity Partners Management, LLC. "This acquisition means we now have the major financial backing we need to support us through our next phase of growth and establish our position as a serious global player,” said Vin Murria, CEO, Advanced. 312.229.9500, 55 Hudson Yards Leading UK software provider, Advanced, today announced that it has been acquired by Vista Equity Partners (“Vista”), a private equity firm with over $14 billion in committed capital, for an enterprise value of £750 million. 401 Congress Avenue Vista Equity Partners, the seller, is continuing as an investor. Learn More. In 2014, Advanced won Tech Company of the Year in PwC’s UK Tech Awards and was ranked in the Deloitte UK Technology Fast 50, which recognises the 50 fastest growing technology companies in the UK. The company has offices in several cities, including Austin, Texas; New York, New York; and San Francisco, California. Having joined the company in September 2015 with a track record in leading business growth, Gordon has since driven the successful transformation of Advanced. This list of organizations invested in by Vista Equity Partners provides data on their funding history, investment activities, and acquisition trends. New York, NY 10001 It is the third-largest UK-based software provider to the UK market, with more than 2,000 employees and 20,000 customers. Advanced was acquired by Vista Equity Partners in 2015 in a take-private deal. Financial terms weren’t announced. The group has grown revenue to more than £200 million through a programme of complementary acquisitions and strong organic growth. Yet, in the face of immense challenge, we’ve seen hope emerge. Founded in 2008, Advanced provides healthcare, business and learning management software and services. Takeover to accelerate Advanced’s position as a global player. 20th Floor Advanced received an investment from BC Partners in 2019. COVID-19 Response: How Vista … The takeover puts Advanced in a powerful financial position to invest in and develop the business through the next phase of growth, supporting its ambition to become a major global player. Austin, TX 78701 415.765.6500, 1111 Broadway The most common drug test performed by employers during a recruitment process is the urine test. Our private equity portfolio includes more than 60 enterprise software, data and technology-enabled companies that serve over 200 million users and employ more than 70,000 team members around the world. It has made several acquisition since, including Docman, a software platform for the health-care industry, last year. 212.804.9100, 4 Embarcadero Center Advanced received an investment from BC Partners in 2019. BC Partners is investing in Advanced. Here are the instructions of how to enable JavaScript in your browser. Advancing Growth. Mr. Stahl currently sits on the boards of 7Park Data, Aspira, Cvent and PowerSchool, and works with the firm’s investment in Advanced. We began in 2000 with one investor and a single private equity fund focused on enterprise software. Back in 2015, Advanced was itself acquired by private equity firm Vista Equity Partners for £725m. We bring people, capital and ideas together to provide exciting career opportunities at every stage of professional development. Nicolas Stahl joined Vista Equity Partners in 2012 and is currently a member of the private equity Flagship team. 512.730.2400, 2 Prudential Plaza Advanced was acquired by Vista Equity Partners in 2015 in a take-private deal. Vista Equity Partners (Vista) is an American investment firm focused on financing and forwarding software, data and technology-enabled startup businesses.