Vector Capital acquires Host Analytics

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Host Analytics, a provider of enterprise performance management systems, is being acquired by the private equity firm Vector Capital for an undisclosed sum.

As part of the deal, Host Analytics’ biggest shareholder, StarVest Partners, will remain a significant investor in the company.

Vector said Thursday it would finance the transaction from a $1.4 billion fund it raised last year to invest exclusively in established technology companies in the software, internet and digital media, communications, and industrial technology sectors. Host Analytics will be keeping its corporate headquarters in Redwood City, California.

“We are excited to partner with Vector Capital to accelerate our growth in the rapidly expanding EPM market,” said Host Analytics CEO said Dave Kellogg in a statement. “This is an exciting time for our company, our customers, and our employees. Vector Capital brings substantial financial and operational resources, an expert team that will help reinforce our culture of excellence, an impressive 20+ year track record, and an ambitious plan to drive our business forward.”

The proposed transaction is expected to close within 30 days, subject to regulatory approval and the satisfaction of closing conditions. Host Analytics’ board of directors unanimously approved the deal. Host Analytics was advised on the deal by Centerview Partners.

“Host Analytics’ combination of leading products, highly skilled workforce, and impressive roster of blue-chip customers provides an ideal platform for future growth,” said Vector Capital managing director David Fishman. “We are impressed by the company’s strong business, excited by the company’s product roadmap, and look forward to backing Host Analytics through the next stage of growth.”

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Enterprise information management M&A