William Blair acted as financial advisor to EagleView, a portfolio company of Vista Equity Partners, in connection with its pending strategic investment from Clearlake Capital. The transaction was announced on June 27, 2018.
Transaction Highlights
- Trusted guidance and domain expertise: William Blair served as EagleView's exclusive financial advisor during the 2015 sale to Vista Equity Partners and was able to leverage this strong familiarity with the business to generate unique positioning insights and to articulate a powerful growth thesis. The transaction team delivered an exceptional outcome for the second time in three years, deepening William Blair's longstanding relationship with the company and Vista.
- Tremendous buyer relationships, access, and insight: EagleView and Vista recognized William Blair's strong relationships with, and unique insight into the most aggressive strategic and financial buyers. This created differentiated access to key decision-makers and deep understanding of investment priorities, facilitating a strong competitive dynamic.
- Process and execution excellence: William Blair leveraged a high level of interest to design and manage an extremely competitive, selective, and highly efficient process. The William Blair team drove the marketing process from launch to signing in less than 60 days, ultimately resulting in an exceptional outcome for EagleView's shareholders.
About the Companies
EagleView is the leading provider of high-resolution aerial imagery, property data analytics and structural measurements for government agencies, insurance carriers, roofing contractors and energy utilities. Using patented image capture techniques, 3D aerial measurement software and machine learning processes, EagleView helps customers answer questions related to millions of properties throughout the world. With a sixty-petabyte library of oblique and orthogonal Pictometry® aerial imagery dating back to 2001 and the capacity to process tens of thousands of roof measurement reports per day, EagleView enables organizations to reduce field visits and adopt faster, safer and more cost-effective workflows. For more information, contact +1 866 659 8439 or visit www.eagleview.com.
Clearlake Capital Group, L.P. is a leading private investment firm founded in 2006. With a sector-focused approach, the firm seeks to partner with world-class management teams by providing patient, long-term capital to dynamic businesses that can benefit from Clearlake's operational improvement approach, O.P.S.® The firm's core target sectors are software and technology-enabled services; industrials and energy; and consumer. Clearlake has managed over $7 billion of institutional capital since inception and its senior investment principals have led or co-led over 100 investments. More information is available at www.clearlake.com.
Vista Equity Partners, a U.S.-based investment firm with offices in Austin, San Francisco, Chicago, and Oakland with more than $31 billion in cumulative capital commitments, currently invests in software, data and technology-enabled organizations led by world-class management teams with long-term perspectives. Vista is a value-added investor, contributing professional expertise and multi-level support towards companies' realization of their full potential. Vista's investment approach is anchored by a sizable long-term capital base, experience in structuring technology-oriented transactions, and proven management techniques that yield flexibility and opportunity in private equity investing. For more information, please visit www.vistaequitypartners.com.
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