QuickBase Inc. is set to receive a majority investment from technology-focused private equity firm Vista Equity Partners.
As part of the transaction, current investor Welsh Carson Anderson & Stowe will keep a significant investment in the company.
Rothschild & Co. was the financial adviser to Quick Base, while Kirkland & Ellis was the legal adviser. Evercore served as the financial adviser to Vista, while Greenberg Traurig served as the legal adviser.
Cambridge, Mass.-based Quick Base provides a cloud-based platform for building business applications.