Technology-focused private equity firm Vista Equity Partners agreed to acquire a majority stake in Integral Ad Science Inc., a software company that provides effectiveness solutions to the advertising industry.
The deal is expected to close in the third quarter.
Accomplice Management LLC, August Capital Master Management Co. LLC and Sapphire Ventures LLC will remain shareholders of Integral Ad Science.
Citi was financial adviser to Integral Ad Science, with Lowenstein Sandler LLP, Goodwin Procter LLP and Feinberg Hanson serving as legal advisers. Kirkland & Ellis LLP and Morrison & Foerster LLP were legal advisers to Vista Equity Partners.
