BobWScott

BobWScott

GRYPHON BUYS ROOTSTOCK

Private equity firm Gryphon Investors has acquired Rootstock Software. Terms of the deal were not announced.

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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.

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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.

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