The Technology team advised Acquia on its definitive agreement to receive a majority investment from Vista Equity Partners.
Acquia is an open digital experience company that provides the world’s most ambitious brands with technology that allows them to embrace innovation and create customer moments that matter. Vista is an investment firm with more than $50 billion in cumulative capital commitments and exclusively invests in enterprise software, data, and technology-enabled organizations.
The partnership with Vista will provide operational expertise to help accelerate Acquia’s growth trajectory as the company continues to scale. Several of Acquia’s existing investors will retain a stake in the Company. The investment will enable Acquia to grow its presence in the digital experience platform (DXP) market. With Vista’s backing, Acquia will maximize recent investments to take on legacy DXP providers and capture new market share. Vista’s portfolio and operational expertise provides Acquia access to a vast community of resources, peers, and practice experts who can help to grow and advance Acquia even more.
The Goodwin team was led by partner Aly Simons and included partners Michael Minahan, Jon Herzog, Janet Andolina, Paul Jin, Richard Matheny, Jennifer Fay, Fred Lim, Dylan Brown, James Riley, Jim Matarese, Ed Amer, counsel Kara Kuritz and Jacqueline Klosek, and associates Matthew McCoy, Rob Dzialo, Abbey Cummings, Kim Maruncic, Chris Huntsman, Katherine Hand, Alexander Plaum, Matthew Wheatley, Justin Pierce, Tim Holahan, Alexandra Denniston, Monica Patel, Morgan Frisoli, Mohammed Alvi and Ben Horwitz, with invaluable assistance from partner Gemma Roberts, associate Elizabeth Doyon and case assistant Enaita Chopra.
For more details on the agreement, read the press release.