January 3, 2019

PE Hub

Vector completes Host Analytics acquisition

Vector Capital has closed its previously announced acquisition of Redwood City, California-based Host Analytics, a provider of cloud-based enterprise performance management solutions. No financial terms were disclosed.

PRESS RELEASE

San Francisco, CA – January 2, 2019 – Vector Capital, a leading private equity firm specializing in transformational investments in established technology businesses, today announced the successful completion of its acquisition of Host Analytics Inc., a leading provider of cloud-based enterprise performance management (EPM) solutions.
In connection with the transaction closing, Ron Baden, Chief Revenue Officer, has been named interim Chief Executive Officer, and Dan Fletcher, Vice President at Vector Capital, has been named interim Chief Financial Officer. Host Analytics CEO Dave Kellogg and CFO Ian Charles are stepping down from their positions and will assist the company through the transition period.

“We are pleased to complete this transaction and look forward to supporting Host Analytics, which has a tremendous opportunity in the growing cloud enterprise performance management space,” said David Fishman, Managing Director at Vector Capital. “On behalf of the company, I’d like to thank Dave and Ian for their strong leadership over the years and helping to build Host Analytics into the category leader it is today. I’d also like to congratulate Ron and Dan on their new appointments.”

Read more: https://www.pehub.com/2019/01/vector-completes-host-analytics-acquisition/