San Diego, CA – Capstone Partners LLC, an award-winning investment banking firm, announced that it has successfully advised Vector Software, Inc. on its acquisition by Vector Informatik GmbH. Capstone Partners acted as exclusive financial advisor to Vector Software on this transaction, the terms of which were not disclosed.
Vector Software, founded in 1990 by John Paliotta and Bill McCaffrey, is the leading provider of dynamic automated test tools for embedded software applications in industries with safety and validation requirements such as automotive, aerospace, industrial IoT, medical devices and railway. The VectorCAST environment enables software development teams to easily automate complex testing tasks to improve software quality and reliability and accelerate time-to-market release cycles. Vector Software has more than 300 customers, approximately 125 of which have annual revenues exceeding $1.0 billion. Gartner, a global technology research company, named Vector Software a “Cool Vendor” in embedded software and systems in 2016.