BobWScott

BobWScott

VISTA BUYING AVALARA FOR $8.3B

 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.

Read more...

PROCORE CUSTOMERS UP 20 PERCENT

 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.

Read more...

BLACKBAUD CLOSING DATA CENTERS

 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.

Read more...

Visit other PMG Sites: