Vista Equity Partners' NEWSCYCLE Solutions buys Atex's advertising business
NEWSCYCLE Solutions, a portfolio company of Vista Equity Partners, said Friday that it has acquired the Atex Adbase advertising business from Atex Group. No financial terms were disclosed. Also, NEWSCYCLE has named Preston McKenzie as CEO. Prior to joining NEWSCYCLE, McKenzie was CEO at MicroEdge, which is also backed by Vista Equity Partners. He is also a former executive at Thomson Reuters. Headquartered in St. Paul, Minnesota, NEWSCYCLE, which was formed last July via the merger of DTI and Saxotech, is a provider of tech solutions for the global news media industry.
1 November 2013•3 mins read
