Vista Buys Advanced Computer Software Group for £750M
March 23, 2015
Vista Equity Partners has acquired Advanced Computer Software Group in a public-to-private buyout with an enterprise value of £750 million. Advanced shareholders will receive £1.40 per share, valuing the company's equity at approximately £725 million. Founded in 2008, Advanced provides healthcare, business and learning management software and services. It currently employs more than 2,000 people and serves over 20,000 customers. The company has recently grown its revenue to over £200 million through a string of complementary acquisitions.