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For Cloudability, a deal that raises a profile and an industry

May 21, 2019 - Portland Business Journal (Oregon)
Mergers and Acquisitions

The impact of Vista Equity Partners continues to reverberate through the Portland technology community, this time, in the form of Washington-based Apptio Inc.'s acquisition of Cloudability Inc.

The deal, announced last week, brings Cloudability under Vista-owned Apptio. In fact, investment discussions between the private equity firm Vista and Cloudability ultimately led to combining the two companies, said Cloudability co-founder and CEO Mat Ellis.

"We were raising money and talking ...