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

College Hacker

September 2014
Wednesday, August 27, 2014
BY KLINT FINLEY

Treehouse CEO Ryan Carson builds a 21st-century trade school.


Read more...

Startup or Grow Up?

September 2014
Tuesday, August 26, 2014
BY JON BELL

Startup culture is all the rage. Is there a downside?


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...

Podcast: Interview with Steve Balzac

Contributed Blogs
Tuesday, August 19, 2014

082014BalzacBY TOM COX | OB BLOGGER

Tom Cox interviews Steve Balzac, author of "Organizational Psychology for Managers."


Read more...

Downtime

September 2014
Wednesday, August 27, 2014
BY JESSICA RIDGWAY

How State Representative Julie Parrish (House District 37) balances life between work and play.


Read more...

Community colleges and sustainability

Contributed Blogs
Thursday, July 31, 2014
sustainabilityBY MARY SPILDE | OB GUEST CONTRIBUTOR

Faced with the aftermath of the “great recession,” increasing concern about the environment and dwindling family wage jobs, we have some very important choices to make about our future.


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