Vicente Capital Sells Controlling Interest in Intellectual Technology, Inc. to Arlington Capital Partners, Retains Minority Interest
January 29, 2019 – Vicente Capital Partners (“Vicente Capital” or “VCP”), a Los Angeles-based private equity firm, today announced the sale of Intellectual Technology, Inc. (“ITI” or the “Company”) to Arlington Capital Partners (“Arlington”). Vicente Capital and management retained a minority interest in the Company. Vicente Capital acquired ITI in November 2012 and, while under its control, ITI’s revenues increased approximately 3x and EBITDA increased approximately 4x.
Vicente Capital-Backed Intellectual Technology Acquires Solutions Thru Software
On Friday, January 19, 2018, Intellectual Technology, Inc. (ITI), a Vicente Capital Partners (VCP) portfolio company, announced it completed its acquisition of Solutions Thru Software LTD (STS), the leading provider of driver license knowledge testing software. The acquisition significantly expands ITI’s software offering for motor vehicle agencies, adding driver knowledge testing and road assessment testing software solutions.
GN Audio Acquires VXi Corporation, A Vicente Capital Portfolio Company
October 13, 2016 – Vicente Capital Partners (VCP) announced today the sale of VXi Corporation (VXi) to GN Audio (GN: CO). VXi Corporation is a leading headset provider of best-in-class, noise cancelling headsets designed for call centers and offices, as well as professionals on the go.
Vicente Capital acquired VXi in 2012 and the transaction generated a purchase price multiple approaching 9x.
SMT Completes Acquisition of Sportvision, Inc.
October 6, 2016 – Vicente Capital Partners (VCP) announced today that its portfolio company, SMT (formerly, “SportsMEDIA Technology Corp.”), a premier provider of sports broadcast, data and live event technology, completed the acquisition of Sportvision, Inc., a leader of digital sports content and broadcast enhancements.).
MedBridge Healthcare Completes Merger with Sleep Services of America
March 7, 2016 – Vicente Capital Partners announced today that its portfolio company MedBridge Healthcare, a leader in the field of sleep disorder diagnosis and treatment, completed a merger with Sleep Services of America (SSA), a wholly-owned subsidiary of the Johns Hopkins Health System. John Mathias, President of SSA, will join the MedBridge Healthcare senior management team while continuing to lead SSA as an operating subsidiary of MedBridge Healthcare.
Corning Incorporated Acquires iBwave Solutions, A Vicente Capital Portfolio Company
April 2, 2015 – Vicente Capital Partners (VCP) announced today its sale of iBwave Solutions, Inc. to Corning Incorporated (NYSE: GLW).
The transaction generated a 2.5x return for the fund and its co-investors over an 18 month investment period. VCP led the investment in iBwave in 2013 and was accompanied by Farol Asset Management LP, a direct investment arm of New York State Common Retirement Fund which is also one of the larger investors in VCP's Growth Equity Fund.
Vicente Capital Partners Invests in Global LT
July 9, 2014 – Vicente Capital Partners (VCP), a leading growth equity investment firm, announced today that an affiliate of its Growth Equity Fund acquired a significant interest in Global LT, Inc. (Global LT), a leading provider of training, translation and mobility solutions that facilitate employee relocations and talent development around the world. VCP’s investment is the first institutional capital that Global LT has raised in its 35 year history.
iBwave Awarded Silver at National Bank 2014 SME Awards Gala
June 18, 2014 - iBwave, the world leader in providing in-building wireless networks, proudly announces that it was named Silver recipient in the SME Export category at the “National Bank 2014 SME Awards”. Read more here.
iBwave Shortlisted for a 2014 Small Cell Forum Industry Award
May 22, 2014 – Vicente Capital Partners congratulates iBwave on being shortlisted for a Small Cell Forum Industry Award. Read more here.
Campus Explorer and iBwave Named to Deloitte’s 2013 Technology Fast 500™
November 14, 2013 – Vicente Capital Partners congratulates two of its portfolio companies on being named to Deloitte’s 2013 Technology Fast 500™. Campus Explorer ranked #51 on the list, and iBwave #321. Campus Explorer also came in at #7 on the industry specific portion of the list, in the Internet category. Additionally, Deloitte ranked iBwave #31 on its Technology Fast 50™, which recognizes leaders in the Canadian technology field, tracking their global growth.
The Technology Fast 500™ is an annual ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Award winners were selected based on percentage fiscal year revenue growth from 2008 to 2012. To view the complete list of winners, please visit: Technology Fast 500™ 2013 Ranking
Vicente Capital Partners Invests in iBwave