Breeding, Marshall, Vista Equity Partners acquires SirsiDynix
The ownership of SirsiDynix has changed, as Vista Equity Partners, a large private equity firm based in San Francisco, will acquire 100% of the company. The parties involved made public their definitive agreement for the sale on December 27, 2006; the deal was expected to close by mid-January 2007. SirsiDynix shifts from a company supported by venture capital into the increasing fold of companies owned by private-equity firms, which assert a more strategic view aimed at increasing value of the company over the longer term. |
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