Paul Hastings LLP advised Vector Capital on the deal.
Vector Capital on its definitive agreement to acquire MarkLogic Corporation, a provider of enterprise data integration and data management solutions. The proposed transaction is expected to close in the fourth quarter of 2020.
San Francisco-based Vector Capital is a leading private equity firm specializing in established technology businesses. San Carlos, CA-based MarkLogic has over 2,500 customers, including government agencies, financial services firms, insurers, manufacturers, media companies, and healthcare providers. MarkLogic will continue to grow as a modern cloud data platform under Vector Capital ownership.
The Paul Hastings team was led by Dana Kromm, a partner in the Private Equity and Mergers & Acquisitions practices, based in the San Francisco office. The team also included Lindsay Sparks (Picture), a partner in the Corporate practice in the Palo Alto office, and associates Kristy Wiehe and Lisa Chan in the San Francisco office.
Law Firms: Paul Hastings;
Clients: Vector Capital;