active network acquired

Dec 7, 2015 . ACTIVE Network Internet SaaS Software Sports Sports Technology Our technology powers the world's activities. initOASAd(true); //init ads, Copyright © 2021 by Northstar Travel Media LLC. OAS_site = 'mc'; Active expects the transaction to close before the end of the fourth quarter this year, at which point it will become a privately held company. Transaction Name . OAS_IsHome = false; console.log('olyitics fire'); olytics.fire({behaviorId:'5235F5789912A4E',category:'News',tag:'News,Meetings Technology,HP Carousel' Active Network . They are known for practicing Dark UX subscription tactics. function initNTGOTags(){ renderslot(path,'[280,49]', 'div-gpt-ad-Article-Sponsor','Article Sponsor'); OAS_site_mobile = 'mcmobile'; Virtual Event Bags . Announced Date Sep 30, 2013; Price $1.1B; Get the most out of Crunchbase . Vista Equity Partners, which focuses on investments in software, data and technology, will purchase the company for approximately $1.05 billion in cash. Active Network plans to release its third quarter earnings after market close on Wednesday, Oct. 30 and does not intend to hold a conference call to discuss earnings given the announced sale of the company. Event management software maker ACTIVE Network is being acquired by private equity firm Vista Equity Partners.Vista will commence a tender offer to acquire all of Active Network’s common stock for $14.50 a share. “Active Network’s leadership position in cloud-based Activity and Participant Management (APM) solutions make it a highly attractive investment for us,” said Robert F. Smith, CEO and founder of Vista Equity Partners, a U.S. based private equity firm that has more than $7 billion in capital invested in technology-based companies. Our Network of Technology and Business Partners Activeo relies on a network of reliable and committed business partners who are committed to ensure that the solutions achieve client goals in the newer areas of Contact Centers; those skills combined with years of experience in this specialized market have enabled Activeo to provide innovative solutions with […] ACTIVE Network announced that it has entered into a definitive agreement to be acquired by Vista Equity Partners in an all cash transaction valued at approximately $1.05B. Under the terms of the agreement Vista will commence a tender offer to acquire all of the outstanding shares of Active’s common stock for $14.50 per share in cash, representing a premium of approximately 111 percent to Active’s year to date average closing stock price. For example, a node could be programmed or customized to handle packet s on an individual user basis or to handle multicast packets differently than other packets. 7. Vista Equity Partners has agreed to pay $1.05 billion in cash for Active Network, which is used by millions of people to register in races, reserve camp sites and enroll in sports leagues. renderslot(path,'[728,90]', 'div-gpt-ad-Bottom','Bottom'); 'https://www.googletagmanager.com/gtm.js?id='+i+dl;f.parentNode.insertBefore(j,f); renderslot(path,'[970,250]', 'div-gpt-ad-Billboard','Billboard'); OAS_sitepage = '/news'; The Active Network, Inc. - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investment Report Project Synopsis: MarketLine's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advantage. “While best positioning ReserveAmerica for … Suggest edits Founded. History. renderslot(path,'[336,280]', 'div-gpt-ad-native-ad-1','native-ad-1'); Event management software maker Active Network Inc will be acquired by private equity firm Vista Equity Partners in a deal valued at about $904 million, a … Active Network’s technology platform is used to manage all types of activities, events and organizations. What's your ACTIVE? ACTIVE also makes it easy to learn and prepare for all the things you love to do with expert resources, training plans and fitness calculators. Active Network . Active Network is a global marketplace for activities and events, connecting participants and activity organizers while offering actionable business intelligence through data solutions and insights platform. renderslot(path,'[336,280]', 'div-gpt-ad-mobile-native-ad-3','native-ad-3'); renderslot(path,'[[320,50],[300,50]]', 'div-gpt-ad-mobile-Mobile-Bottom','Mobile Bottom'); Vancouver-based TeamPages Acquired by ACTIVE Network to Expands Technology Portfolio For Sports Market. 8. Active Network General Information Description. Burnaby, BC, April 27, 2017--ACTIVE Network®, developers of a global marketplace for activities and events and an industry-leading provider of intelligence solutions, announced that it has acquired Vancouver-based TeamPages. Active Network was acquired by Vista Equity Partners for $1.1B on Sep 30, 2013. Active expects the transaction to close before the end of the fourth quarter of 2013. Active Network acquired by Vista Equity Partners . 6. This deal was done in Cash. You can return to this list any time via the navigation menus at the top of the page. Leading private equity firm Vista Equity Partners, which holds investments in software, data and technology-enabled businesses, originally acquired ACTIVE in 2013. renderslot(path,'[336,280]', 'div-gpt-ad-mobile-native-ad-1','native-ad-1'); } OAS_query = '&'; if (breakpoint=="mobile"){ renderslot(path,'[[100,600],[200,800]]', 'div-gpt-ad-Panel-Ad-1','Panel Ad 1'); Third-quarter earnings should be announced Oct. 30, although Active won't hold a conference call to discuss them. renderslot(path,'[[300,250],[1,1]]', 'div-gpt-ad-Right2','Right2'); } With deep expertise in activity and participant management™, our ACTIVE Works® cloud technology and online event registration software powers the world’s activities and connects people with … “We are looking forward to working with the Active team and continuing to drive the next phase of Active’s growth.”. (function(w,d,s,l,i){w[l]=w[l]||[];w[l].push({'gtm.start': Try Pro Free . renderslot(path,'[[300,250],[300,600]]', 'div-gpt-ad-Right1','Right1'); "We are looking forward to working with the Active team and continuing to drive the next phase of Active's growth," said Vista CEO and founder Robert F. Smith in a statement. TeamPages . renderslot(path,'[[320,100],[336,280]]', 'div-gpt-ad-native-ad-MP','native-ad-MP'); ACTIVE's management software supports a range of clients including: races, nonprofits, outdoor activities, camps, sports, schools, and universities. if (breakpoint==""){ TeamPages acquired by Active Network . renderslot(path,'[[320,50],[300,50]]', 'div-gpt-ad-mobile-Mobile-Top','Mobile Top'); renderslot(path,'[336,280]', 'div-gpt-ad-mobile-native-ad-2','native-ad-2'); Citi is serving as financial advisor to Active. The Active Network Inc acquired InfoSpherix Incorporated. renderslot(path,'[[30,50],[728,90],[970,250]]', 'div-gpt-ad-Top','Top'); Meetings technology provider Active Network, which owns StarCite, will be acquired by a private equity firm, the company announced. Kirkland & Ellis LLP is acting as Vista’s legal advisor. … j=d.createElement(s),dl=l!='dataLayer'? BofA Merrill Lynch, RBC Capital Markets, and BMO Capital Markets Corp. have agreed to provide debt financing in connection with the transaction. Together with equity previously acquired, IAC will own approximately 9 percent of The Active Network. }); The ACTIVE deal was ‘an all cash transaction valued at approximately $1.05 billion.’ HY-TEK Sports Software acquired by Active Network . ACTIVE Network is on a mission to make the world a more active place. Education Deals; Finance Deals; Healthcare Deals; Media & Marketing Deals; Consumer Deals In acquisition news: Global Payments reached a deal to acquire a unit of ACTIVE Network from Vista Equity Partners, paying $1.2 billion in cash and stock. “ACTIVE’s strategic acquisition of Virtual Event Bags reaffirms our commitment to delivering a powerful, comprehensive event management and data insights platform that helps our customers across all markets reach their full commercial potential,” said Darko Dejanovic, chief executive officer at ACTIVE Network. Meetings technology provider Active Network, which owns StarCite, will be acquired by a private equity firm, the company announced. BofA Merrill Lynch is serving as financial advisor to Vista. DLA Piper LLP (US) is acting as Active’s legal advisor. Apr 11, 2017 . Designed by Elegant Themes | Powered by WordPress, The North Face Partners with Intersport to Boost European Sales, IIC-Intersport International GmbH Names Spain’s Puig to Board, Golfsmith to Meet Sales Guidance, to Miss Net Income…, SFIA National Health Through Fitness Day Garners Bipartisan Support, Far Bank Enterprises Announces Promotions, Q&A With Erik Burbank, KEEN’s VP KEEN Effect, G-Form Announces New Canadian Sports Distributor, Product Preview And Launch Day To Kick Off Virtual PGA Merchandise Show Week, Organizational Development Continues Within The Ironman Group, American Pacific Group Completes Acquisition Of Eu Natural, US Sports Camps Announces Launch Of Nike Pickleball Camps, Retail Sales Drop In December For Third Straight Month, NRF Says 2020 Holiday Sales Grew 8.3 Percent Despite Pandemic, SAYA Turns Deadstock Into High-Tech Fiber. Active's board of directors voted unanimously to accept the offer, which equates to $14.50 per share or 111 percent of the year-to-date average closing price. Founded in 1999, the company is is headquartered in San DiegoVista Equity Partners has offices in San Francisco, Chicago and Austin and invests in companies run by “world-class management teams with long-term perspective.” Vista is a value-added investor, contributing professional expertise and multi-level support towards companies realizing their full potential. All Rights Reserved. The company serves more than 55,000 customers globally. Apr 5, 2005 . Acquired by . new Date().getTime(),event:'gtm.js'});var f=d.getElementsByTagName(s)[0], ACTIVE Network Stockholders to Receive $14.50 per Share in Cash in Transaction Valued at Approximately $1.05 Billion. ACTIVE Network 4061. active network: An active network is a network in which the node s are programmed to perform custom operations on the messages that pass through the node. Merger and Acquisitions: The Active Network Inc acquired StarCite Inc On-duty Mon - Fri 9am - 5pm CT. renderslot(path,'[[970,66],[970,90]]', 'div-gpt-ad-Top1','Top1'); The Active Board of Directors unanimously recommends that Active stockholders tender their shares in the tender offer. Crunchbase News ; Subscribe to the Crunchbase Daily ; Who We Are. Vista Equity Partners, which focuses on investments in software, data and technology, will purchase the company for approximately $1.05 billion in cash. Posted by Charlie Lunan | Sep 30, 2013 | Footwear, Footwear Supplier, Footwear Vendor, Outdoor, Outdoor Supplier, Outdoor Vendor, Uncategorized, Update. Upon the completion of the transaction, Active will become a privately held company.

Theni Mavattam Details, French Third Republic, What Stage Is A Wound With Slough, She's Strange Lyrics, Which Bhagavad Gita To Read, Mbchb Admission Score, Proverbs 3:29-30 Meaning, Vintage Audio Equipment Buying Guide, Sapporo Ichiban Miso Ramen Recipe, Drawing Angles Using A Protractor Powerpoint,

Please sign in to view comments!