Insight Partners and Genstar Capital Acquire Vector Solutions

July 27, 2021

Willkie represented Insight Partners in the transaction.

On July 1, it was announced that Vector Solutions, a leading provider of industry-focused software solutions for training, risk management, workforce management and operational readiness, was acquired by Genstar Capital and Insight Partners. Genstar and Insight acquired a majority stake in Vector from Golden Gate Capital, a private equity investment firm, which remains a significant shareholder in the business.

Founded in 1999, Vector Solutions is a leading provider of intelligent SaaS solutions, providing industry-focused solutions that connect information and technology, including training management, continuing education (CE), compliance training, workforce scheduling, safety management, and more. Its extensive online and mobile training library features content to meet the needs of professionals in the industrial, engineering, education, and public safety industries, reaching approximately 22 million users and more than 21 thousand clients worldwide.

Insight Partners is a leading global venture capital and private equity firm investing in high-growth technology and software ScaleUp companies that are driving transformative change in their industries. Founded in 1995, Insight Partners has cumulatively invested in more than 400 companies worldwide through a series of funds representing more than $30 billion in capital commitments.

Based in San Francisco, Genstar Capital is a leading private equity firm that has been actively investing in high quality companies for over 30 years. Together with Genstar X and all active funds, Genstar currently has approximately $33 billion of assets under management and targets investments focused on targeted segments of the financial services, healthcare, industrials, and software industries.

Golden Gate Capital is a San Francisco-based private equity investment firm with a history of investing across a wide range of industries and transaction types, including going-privates, corporate divestitures, and recapitalizations, as well as debt and public equity investments.

The Willkie team was led by partners Matthew Guercio and Erin Kinney.