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Vista Explores $1B+ Sale of AlertMedia
13 Feb
Summary
- Vista Equity Partners is exploring a sale of AlertMedia.
- AlertMedia generates over $100 million in revenue.
- A rival firm acquired Everbridge for $1.8 billion recently.
Vista Equity Partners is currently exploring the possibility of selling its emergency communications software company, AlertMedia. This potential transaction is valued at over $1 billion, with the process being in its initial phases. JPMorgan has been engaged to manage the sale.
AlertMedia, based in Austin, Texas, provides critical emergency communication solutions to numerous organizations globally, including major clients like Walmart, JetBlue, and Thomson Reuters. The company reports annual revenues exceeding $100 million.
This exploration of sale comes after a significant acquisition in the sector, where Thoma Bravo purchased Everbridge, a competitor to AlertMedia, for $1.8 billion in 2024. Vista Equity Partners originally invested in AlertMedia in 2021.
