NEWS
Vector Capital to Acquire Aspect Software
January 02, 2019
San Francisco -- Paul Hastings LLP, a leading global law firm, served as counsel to Vector Capital in a definitive agreement to acquire Aspect Software, a leading provider of fully integrated customer engagement, workforce optimization, and self-service omni-channel solutions. Vector Capital is a leading global private equity firm with $4 billion of capital under management specializing in transformational investments in established technology businesses.
Under the terms of the agreement, Vector Capital will invest more than $100 million of equity capital in Aspect’s business. The transaction is subject to certain regulatory approvals and closing conditions customary to a transaction of this nature and is expected to close in the first quarter of 2019.
Private Equity and M&A partners Steve Camahort and Dana Kromm led the Paul Hastings team, which also included partners Chris Dickerson and Lindsay Sparks and associate Melisa Olmos.
_Aspect Software is the latest enterprise software investment by _Vector Capital.__
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