The investment firm will get a majority stake in Amazon and O'Reilly-backed Acquia in a transaction that will value the digital content manager at about $1bn.
Investment firm Vista Equity Partners agreed yesterday to acquire a majority stake in Acquia, a US-based digital experience software provider backed by e-commerce company Amazon and media company O’Reilly.
The company has not disclosed the size of Vista’s investment nor that of the stake it will receive, but people with knowledge of the matter told Bloomberg the deal valued Acquia at almost $1bn including debt, adding that several existing backers will retain stakes.
Acquia has built a cloud software platform…
