PE liquidity and growth capital for Login VSI
Silverpeak moved at pace to capitalise on inbound interest to deliver optimum outcomes for all shareholders
About our client
Login VSI is an enterprise software firm specialising in end-user application testing.
Unlike traditional monitoring systems, Login VSI allows system admins to test the effects of updates before end-users start their work day, enabling problems to be resolved before any issues are experienced.
Why they chose us
The shareholders of Login VSI engaged Silverpeak to explore their options due to its deep understanding of enterprise software systems and their business models.
Silverpeak’s strong relationships with PE growth investors in the U.S., Europe and Asia was another important factor.
How we added value
With the advent of mass remote-working due to the pandemic, end-user experience of IT had become a business-critical issue.
The Silverpeak team had to work quickly with management to prepare transaction materials in order to capitalise on strong inbound interest.
We played a critical role in negotiating a transaction structure, involving both primary and secondary, that ensured all shareholder objectives were met.
The successful outcome
Multiple proposals were received from both private equity investors and strategic acquirers, with management opting for a majority investment from Wavecrest Growth Partners providing primary capital for growth, as well as significant de-risking for existing shareholders.
Transaction Summary
Client
Login VSI
Deal Type
Exit
Counterparty
Sector
Software
Amount
Undisclosed
Countries
NL / US
Silverpeak team
Silverpeak engaged with us in a process that was highly collaborative. They helped us find the right investment partner for Login VSI at this stage of our growth. Their team and process were transparent and insightful.