Mooreland Partners advises Saxotech on sale to Vista Equity Partners
Austin, Texas / Tampa, Florida – July 22, 2013 – Mooreland Partners is pleased to announce that it acted as exclusive financial advisor to Saxotech on its sale to Vista Equity Partners.
Vista Equity also completed the simultaneous acquisition of Digital Technology International (DTI). The two companies merged to form NewsCycle Solutions.
Saxotech is a leading provider of content, circulation and digital advertising management solutions to the global media industry. The company’s Mediaware product is an end‐to‐end platform for multi‐channel content production, distribution and circulation management. The Company’s products are used by reporters, photographers, freelancers, and editors to produce and share content in a streamlined and collaborative environment. The Company’s software uniquely supports all critical business processes in the newspaper lifecycle, including planning, resource allocation, production, and distribution. Based in Tampa, Florida, the Company serves a global customer base that consists of 600+ news organizations and 11,000+ individual users. For more information, please visit www.saxotech.com.
The sale of Saxotech deepens Mooreland’s leadership position in Enterprise Software M&A. It also represents our 13th announced client transaction to date in 2013.