Vista Equity Partners acquires Cvent

Cvent, Inc. (NYSE: CVT) has been acquired by private equity firm Vista Equity Partners, the company said.

The USD1.65 billion transaction, originally announced April 18, 2016, was completed on Tuesday, November 29, 2016.

Cvent´s common stock ceased to be traded on NYSE on November 29, 2016.

Wilson Sonsini Goodrich & Rosati served as legal advisor to Cvent. Kirkland & Ellis LLP served as legal advisor to Vista.

Cvent is a cloud-based enterprise event management company, with over 16,000 customers and 2,000 employees worldwide.

Vista, a U.S.-based private equity firm with offices in San Francisco, Chicago and Austin with more than USD28 billion in cumulative capital commitments, currently invests in software, data and technology-based organizations led by world-class management teams with long-term perspective.