Saturday, October 31

Acquia to Boost up Enlargement Put up Acquisition via Funding Company

Mergers and acquisitions

Acquia, the internet content material control and virtual revel in platform (DXP) supplier, is being received via Vista Fairness Companions, the funding company serious about endeavor instrument, information and technology-enabled companies.

With Vista’s backing, Acquia will boost up “taking over legacy virtual revel in (DXP) suppliers to seize new marketplace proportion even quicker with the arena’s maximum bold manufacturers,” stated Mike Sullivan, the corporate’s president and CEO. Acquia serves greater than 30 firms within the Fortune 100.

The corporate’s merchandise come with Acquia Cloud, Acquia Cloud Website Manufacturing unit, Acquia Virtual Asset Control and others.

Acquia's Joe Wykes

Acquia’s Joe Wykes

Joe Wykes, Acquia‘s senior vice chairman of globally partnerships and gross sales, tells us his corporate’s international spouse community spans throughout a couple of industries, together with virtual advertising and marketing companies, SIs, resellers and VARs, in addition to specialist internet building firms.

“Shoppers and companions can proceed to be expecting Acquia to perform the best way we do these days, and there will probably be no adjustments to their interactions,” he stated. “We will be able to give you the identical nice carrier and revel in they have got had from Acquia all the way through our courting. The capital from the funding may even allow us to offer, construct and develop the goods our shoppers and companions rely on, whilst concurrently proceeding to innovate and ship new merchandise that magnify Acquia’s tradition and reinforce worker engagement.”

Stay alongside of the most recent channel-impacting mergers and acquisitions in our M&A roundup.

Acquia will proceed to perform independently. The transaction is anticipated to near within the coming weeks and is matter to standard ultimate prerequisites and regulatory approvals.

Acquia is a “spouse first” group and can proceed to appear to its companions to embody its platform features to develop their virtual revel in practices, Wykes stated.

“Our companions give us geographical succeed in, business vertical experience and explicit answer capacity that reach our choices,” he stated. “Acquia has all the time appeared for one of the simplest ways to develop and fortify its product and enhance its group. With Vista, Acquia can now scale quicker and with much more sources to fulfill the desires of consumers, whilst additionally proceeding to offer again to the Drupal and Mautic developer communities. Over the following few months, we will be able to paintings carefully with Vista to resolve how we affect much more certain alternate to our trade.”

“The sector’s main and maximum cutting edge virtual manufacturers take into account that their skill to ship a unbroken virtual buyer revel in is very important to their good fortune,” stated Robert F. Smith, Vista’s founder, chairman and CEO. “Acquia understands this and is main the best way in offering cutting edge answers to its shoppers whilst, on the identical time, giving again to the open supply group. We’re overjoyed to spouse with Acquia and imagine the corporate is well-positioned to capitalize at the super alternative within the DXP market.”