Private Equity Portfolio
Enterprise event management platform with solutions for both the events and meetings value chain.
Cvent is a leading cloud-based provider of event management technology solutions. The Company’s platform offers end-to-end event management functionality, including budgeting, planning, and marketing for both sides of the event ecosystem (planners and venues). Cvent’s products are used by over 15,800 customers across all verticals. The Company’s solutions are used to plan approximately 350,000 events each year.
Cvent is headquartered in Tysons Corner, VA.
Vista Equity Partners Fund VI completed a take-private of Cvent in November 2016.
Lanyon Solutions, Inc. (“Lanyon”) is a leading provider of cloud-based software for managing corporate meetings, events and travel programs. Lanyon’s software and data helps thousands of organizations and hotels around the world to better engage their customers, reduce costs and grow revenues. The Company drives over $2 billion in RFP value and 7 million room nights for hotels, and powers over 200,000 events with more than 8 million attendees. Founded in 1984, the Company is headquartered in Dallas, TX. Vista Foundation Fund I completed a buyout of Lanyon in December 2012.
Cvent acquired Lanyon in November 2016.