
BobWScott
VISTA BUYING AVALARA FOR $8.3B
- Monday, 08 August 2022
Vista Equity Partners is acquiring indirect tax specialist Avalara for $8.3 billion Vista has agreed to pay $93.50 per share in an all-cash deal. The deal, expected to close in the second half of 2022, represents a 27-percent premium over the closing price of shares on July 6.
PROCORE CUSTOMERS UP 20 PERCENT
- Monday, 08 August 2022
Procore Technologies ended the second quarter on June 30 with 13,403 organic customers, representing growth of 20-percent year-over-year. The construction software company cut its loss by half as revenue for the most recently ended period as revenue rose by 40-percent over a year ago.
BLACKBAUD CLOSING DATA CENTERS
- Friday, 05 August 2022
Blackbaud has begun closing data centers as it shifts to third-party centers—AWS and Azure. As the company reported financial results for the second quarter ended June 30, it said the first center closed iuring the quarter.
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