Vicente Capital Exits iBwave, Realizes 2.5x Return
April 03, 2015
Vicente Capital Partners has announced the sale of portfolio company iBwave Solutions to Corning (NYSE: GLW). The exit generated a 2.5x return for VCP, which made its investment in the company in 2013; Farol Asset Management also backed iBwave in the same transaction. Founded in 2003, iBwave is a provider of software design tools and training solutions that simplify the process of designing and deploying in-building wireless networks, serving more than 600 clients in over 80 countries.