Vista Said to Near LogicMonitor Stake Sale at $2.4 Billion Value

Bloomberg

2024-11-20

(Bloomberg) -- Vista Equity Partners is nearing an agreement to sell a minority stake in LogicMonitor Inc. to a group of investors in a deal valuing the IT infrastructure monitoring platform at about $2.4 billion, including debt, according to people with knowledge of the matter.

Vista is discussing selling the stake in exchange for an $800 million equity and debt investment, the people said, asking not to be identified discussing a private matter. The investor group includes PSG Equity and Golub Capital, and Vista will remain LogicMonitor’s controlling shareholder, the people said.

An agreement could be announced as soon as Wednesday, barring any last-minute snags, the people said.

Representatives for Vista, LogicMonitor and PSG declined to comment. A spokesperson for Golub didn’t immediately respond to a request for comment.

Bloomberg News reported in March that Vista was working with financial advisers to explore options for LogicMonitor. Founded in 2007, the Santa Barbara, California-based company provides a cloud-based, AI-powered performance monitoring platform for enterprise IT, managed service providers and small and midsize businesses.

Vista acquired LogicMonitor in May 2018 through its Vista Foundation Fund III for about $415 million, according to data provider PitchBook.

©2024 Bloomberg L.P.

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

熱議股票

1
2
3
4
5
6
7
8
9
10

{"basename":"/hant","ssrTDKData":{"titleTemplate":"%s - 老虎證券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎證券,老虎證券開戶,老虎券商,老虎證券官網,老虎證券app,tigertrade老虎證券,股票,炒股,新加坡股票交易平臺,投資,投資理財","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hant/news/2484188901"},"companyName":"老虎證券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2484188901\",edition:\"fundamental\",,,undefined,":{"share":"https://ttm.financial/m/news/2484188901?lang=zh_TW&edition=fundamental","thumbnail":"https://www.bnnbloomberg.ca/resizer/v2/ANTWWDALSF44EAWFQUYDNQLFTE.jpg?smart=true&auth=6215f34da392f26d6ab3f69d3a83a31fb45b911b13ab7df0b60e4d88ef7d3bd8&width=500&height=333","is_english":true,"pubTime":"2024-11-20 20:00","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2484188901","market":"nz","top_or_hot":-1,"title":"Vista Said to Near LogicMonitor Stake Sale at $2.4 Billion Value","media":"Bloomberg","content":"<html><body><article><p>(Bloomberg) -- Vista Equity Partners is nearing an agreement to sell a minority stake in LogicMonitor Inc. to a group of investors in a deal valuing the IT infrastructure monitoring platform at about $2.4 billion, including debt, according to people with knowledge of the matter.</p><p>Vista is discussing selling the stake in exchange for an $800 million equity and debt investment, the people said, asking not to be identified discussing a private matter. The investor group includes PSG Equity and Golub Capital, and Vista will remain LogicMonitor’s controlling shareholder, the people said.</p><p>An agreement could be announced as soon as Wednesday, barring any last-minute snags, the people said.</p><p>Representatives for Vista, LogicMonitor and PSG declined to comment. A spokesperson for Golub didn’t immediately respond to a request for comment.</p><p>Bloomberg News reported in March that Vista was working with financial advisers to explore options for LogicMonitor. Founded in 2007, the Santa Barbara, California-based company provides a cloud-based, AI-powered performance monitoring platform for enterprise IT, managed service providers and small and midsize businesses.</p><p>Vista acquired LogicMonitor in May 2018 through its Vista Foundation Fund III for about $415 million, according to data provider PitchBook.</p><p>©2024 Bloomberg L.P.</p></article></body></html>","source":"bnn_bloomberg_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Vista Said to Near LogicMonitor Stake Sale at $2.4 Billion Value</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nVista Said to Near LogicMonitor Stake Sale at $2.4 Billion Value\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Bloomberg</strong><span class=\"h-time small\">2024-11-20 20:00</span>\n</p>\n</h4>\n</header>\n<article>\n<html><body><article><p>(Bloomberg) -- Vista Equity Partners is nearing an agreement to sell a minority stake in LogicMonitor Inc. to a group of investors in a deal valuing the IT infrastructure monitoring platform at about $2.4 billion, including debt, according to people with knowledge of the matter.</p><p>Vista is discussing selling the stake in exchange for an $800 million equity and debt investment, the people said, asking not to be identified discussing a private matter. The investor group includes PSG Equity and Golub Capital, and Vista will remain LogicMonitor’s controlling shareholder, the people said.</p><p>An agreement could be announced as soon as Wednesday, barring any last-minute snags, the people said.</p><p>Representatives for Vista, LogicMonitor and PSG declined to comment. A spokesperson for Golub didn’t immediately respond to a request for comment.</p><p>Bloomberg News reported in March that Vista was working with financial advisers to explore options for LogicMonitor. Founded in 2007, the Santa Barbara, California-based company provides a cloud-based, AI-powered performance monitoring platform for enterprise IT, managed service providers and small and midsize businesses.</p><p>Vista acquired LogicMonitor in May 2018 through its Vista Foundation Fund III for about $415 million, according to data provider PitchBook.</p><p>©2024 Bloomberg L.P.</p></article></body></html>\n<div class=\"bt-text\">\n\n\n<p> 來源：<a href=\"https://www.bnnbloomberg.ca/business/company-news/2024/11/20/vista-said-to-near-logicmonitor-stake-sale-at-24-billion-value/\">Bloomberg</a></p>\n<p>為提升您的閱讀體驗，我們對本頁面進行了排版優化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"VGZ","symbol_name":"Vista Gold Corp","start_time":0,"source_url":"https://www.bnnbloomberg.ca/business/company-news/2024/11/20/vista-said-to-near-logicmonitor-stake-sale-at-24-billion-value/","article_id":"2484188901","we_media_id":null,"thumbnails":["https://www.bnnbloomberg.ca/resizer/v2/ANTWWDALSF44EAWFQUYDNQLFTE.jpg?smart=true&auth=6215f34da392f26d6ab3f69d3a83a31fb45b911b13ab7df0b60e4d88ef7d3bd8&width=500&height=333"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2484188901","pubTimestamp":1732104000,"columns":[],"sourceInfo":{"source_id":"bnn_bloomberg_highlight","name":"Bloomberg"},"weMediaInfo":null,"summary":"Vista Equity Partners is nearing an agreement to sell a minority stake in LogicMonitor Inc. to a group of investors in a deal valuing the IT infrastructure monitoring platform at about $2.4 billion, including debt, according to people with knowledge of the matter.","collect":0,"end_time":0,"defaultTopTitle":"bnnbloomberg.ca","property":[],"viewcount":null,"language":"en","relate_stocks":{"VGZ":"Vista Gold Corp","BK4017":"黄金"},"translate_title":"Vista据称将以24亿美元的价格出售LogicMonitor股份","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"VGZ":1},"content_text":"(Bloomberg) -- Vista Equity Partners is nearing an agreement to sell a minority stake in LogicMonitor Inc. to a group of investors in a deal valuing the IT infrastructure monitoring platform at about $2.4 billion, including debt, according to people with knowledge of the matter.Vista is discussing selling the stake in exchange for an $800 million equity and debt investment, the people said, asking not to be identified discussing a private matter. The investor group includes PSG Equity and Golub Capital, and Vista will remain LogicMonitor’s controlling shareholder, the people said.An agreement could be announced as soon as Wednesday, barring any last-minute snags, the people said.Representatives for Vista, LogicMonitor and PSG declined to comment. A spokesperson for Golub didn’t immediately respond to a request for comment.Bloomberg News reported in March that Vista was working with financial advisers to explore options for LogicMonitor. Founded in 2007, the Santa Barbara, California-based company provides a cloud-based, AI-powered performance monitoring platform for enterprise IT, managed service providers and small and midsize businesses.Vista acquired LogicMonitor in May 2018 through its Vista Foundation Fund III for about $415 million, according to data provider PitchBook.©2024 Bloomberg L.P.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1}}}