Peak, Milestone, NewSpring Co-lead Purchase of EnterpriseDB
December 22, 2014
Peak Equity Partners has announced it sourced and co-led the acquisition of EnterpriseDB, teaming with Milestone Partners and NewSpring Capital in the transaction. Founded in 2004, EDB is a provider of enterprise-class products and compatibility solutions based on the open source database PostgreSQL; the company—which received VC backing from Valhalla Partners and Charles River Ventures, among others—has more than 2,700 enterprises, governments and other organizations as customers. The investment will help support the expansion of EDB operations worldwide.