Startups

Great Hill Buys Software Maker Fusion From Vista Equity in $500 Million Deal

  • Deal to value Fusion Risk Management at more than $500 million
  • Great Hill expanded in London, also owns Wayfair, Jumio stakes
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Private equity firm Great Hill Partners agreed to acquire a majority stake in software provider Fusion Risk Management Inc. from buyout firm Vista Equity Partners

As part of the deal, Vista will remain a minority shareholder alongside existing backers Catalyst Investors and Level Equity Management, the companies said in a statement, confirming an earlier report by Blooomberg News. Financial terms of the deal weren’t disclosed.