NEWS
Vector Capital agrees to acquire MarkLogic Corp.
October 08, 2020
Paul Hastings LLP, a leading global law firm, announced today that it served as counsel to 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, a partner in the Corporate practice in the Palo Alto office, and associates Kristy Wiehe and Lisa Chan in the San Francisco office.
At Paul Hastings, our purpose is clear — to help our clients and people navigate new paths to growth. With a strong presence throughout Asia, Europe, Latin America, and the U.S., Paul Hastings is recognized as one of the world’s most innovative global law firms.
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Becca Hatton