Home Must Reads Bain Capital pays $230M for stake in Portland tech firm

Bain Capital pays $230M for stake in Portland tech firm

| Print |  Email
Must Reads
Tuesday, April 22, 2014

The Boston-based financial firm purchased the equity stakes of two investors in Viewpoint Construction Software.

Bain is acquiring the equity stakes of Viewpoint’s two original outside investors,Updata Partners and TA Associates. Combined, Updata and TA Associates invested $86 million in the company in 2010 and 2012, fueling a streak of acquisitions that fueled growth and drove revenue from $19 million in 2009 to “more than” $140 million in 2014.

The Bain deal, slated to close later this week, positions Viewpoint to accelerate growth and is one of the country’s largest venture deals to date for 2014.

Read more at Portland Business Journal

 

More Articles

Shipping News

September 2014
Tuesday, August 26, 2014
BY JENNIFER MARGULIS

In 2012 The Dalles, a city of some 14,400 located 75 miles east of Portland and often seen as the poor cousin to adjacent Hood River, completed a massive project to revitalize its dock.


Read more...

True Blood

October 2014
Thursday, September 25, 2014
BY JOE ROJAS-BURKE

Antibiotics really aren’t magic bullets.


Read more...

The Alchemist

September 2014
Tuesday, August 26, 2014
BY LINDA BAKER

David Howitt explains why Portland consumer brands like Stumptown and Voodoo Doughnuts are taking the world by storm.


Read more...

Powerlist: Colleges and Universities

September 2014
Wednesday, August 27, 2014
BY KIM MOORE

A conversation about higher education with the presidents of the University of Oregon and Clackamas Community College, followed by September's powerlist.


Read more...

What I'm Reading

October 2014
Thursday, September 25, 2014

Nick Herinckx, CEO of Obility, and Jake Weatherly, CEO of SheerID, share what they've been reading.


Read more...

Fast Food Slows Down

September 2014
Tuesday, August 26, 2014
BY KIM MOORE

The ubiquitous fast-food restaurant may be on the decline.


Read more...

Is this employee right?

Contributed Blogs
Wednesday, August 13, 2014
081314 thumb employeefeelingsBY TOM COX | OB BLOGGER

When I say, “Your Employee is Always Right,” I do not mean “right about the facts,” but rather “right about how they feel” and “right about how they want to be led.”


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS