Vista's Cvent to acquire venture-backed QuickMobile
Cvent Inc has agreed to acquire QuickMobile Inc, a Vancouver-based developer of mobile event apps. No financial terms were released for the deal, which is expected to close this month. Cvent, a U.S. cloud-based enterprise event management company, said the buy will broaden and deepen its mobile app and onsite solution capabilities and expand its reach. Founded in 2006, QuickMobile has been backed by BDC Capital, TIMIA Capital Corp, VA Angels and Vancity Capital Corp. Tysons Corner, Virginia-based Cvent was taken private in 2016 by U.S. private equity firm Vista Equity Partners for US$1.65 billion.
2 May 2018•3 mins read
