iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,474 Blog Posts

$CVT Acquired for Monster Premium

Vista equity partners are buying up piece of shit software company, Cvent, for a 69% premium.

“This milestone is the next chapter in our 17-year history,” Reggie Aggarwal, founder and chief executive officer of Cvent, said in the statement. “With Vista’s financial strength to invest in Cvent now and in the future, we will be better positioned to deliver innovative solutions that transform the meetings and events industry, and to offer employees new opportunities for career growth.”

Great job CVT management for ripping off those private equity asshats. Well played!

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