Deal Details

Vector Is Acquired by Golden Gate

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Summary

About

Vector is the leader in industry-focused eLearning and SaaS performance support solutions. The Company serves a broad range of industries with award-winning online education, safety, compliance and performance-optimization solutions. With an extensive and growing library of more than 8,000 courses written by over 250 subject matter experts, Vector uses the latest innovations in learning and technology to create safer, more capable and compliant organizations across the commercial, education and public sectors. Vector Solutions is headquartered in Tampa, Florida.

Providence is a premier global asset management firm with approximately $60 billion in assets under management across complementary private equity and credit businesses. Providence pioneered a sector-focused approach to private equity investing with the vision that a dedicated team of industry experts could build exceptional companies of enduring value. Since the firm's inception in 1989, Providence has invested in more than 180 companies and has become a leading equity investment firm focused on the media, communications, education and information industries. Providence is headquartered in Providence, Rhode Island and also has offices in New York and London.

Golden Gate is a private equity investment firm with over $15 billion of capital under management. The principals of Golden Gate have a long and successful history of investing across a wide range of industries and transaction types, including going-privates, corporate divestitures, and recapitalizations, as well as debt and public equity investments. In aggregate, Golden Gate professionals have participated in more than 175 transactions totaling to over $30 billion in enterprise value. Golden Gate is headquartered in San Francisco, California.

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