• I want to thank all the members that have upgraded your accounts. I truly appreciate your support of the site monetarily. Supporting the site keeps this site up and running as a lot of work daily goes on behind the scenes. Click to Support Signs101 ...

Vector to KKR

Jim Hill

New Member
Not sure if this has been posted before.

Vector has sold out to KKR another private equity firm for One Billion dollars.
Vector paid 124 million when they purchased CorelDraw and they then spent another 30 million to take the company private.

Total investment $ 154 million and profit on selling to KKR $846 Millon!
Changing to subscription-based software made this company very profitable and what they call a cash cow!

Jim
 

shoresigns

New Member
Yes, it's been mentioned here a few times, as it was announced last July. Correction, though: KKR did not buy Vector Capital. They bought Corel from Vector Capital.
 
Top