GA_P advises Vista Equity Partners on €2.425m acquisition of Duck Creek

GA_P has advised investment fund Vista Equity Partners on the Spanish leg of the acquisition of Duck Creek Technologies (NASDAQ: DCT) to delist it from the stock exchange.

Vista Equity Partners has reached an agreement with technology company Duck Creek Technologies to acquire it for a total of $2.6 billion (€2.425 billion) in cash. The deal is expected to close in the second quarter of 2023, subject to the satisfaction of certain conditions customary in such transactions, after which the entity will be delisted.

Duck Creek specialises in providing customer management software products to insurance companies and broker-dealers.

Vista Equity Partners is a leading global investment fund investing in enterprise software, data and technology companies.

They advised on the transaction: Alex Pujol, partner of Commercial, Andrea Esbrí, senior associate of Commercial, Mònica Martells, associate of Commercial, and Anna Viladás and Paula Ruiz Cotorro from Industrial Property, Intellectual Property and Technology.