Vector Capital Management, L.P., a leading private equity firm specializing in transformational investments in established technology businesses, today announced the successful completion of its acquisition of Bigtincan Holdings Limited, the pioneer in AI-driven revenue enablement technology, for A$0.22 per share in cash at an approximate transaction value of A$183 million.

As a result of the consummation of the acquisition, Bigtincan’s shares of common stock will no longer be listed on the Australian Securities Exchange Ltd (“ASX”) and the Company will operate as a privately held entity.

Rob Amen, Managing Director at Vector Capital, said, “Bigtincan has developed a truly unique platform that enables businesses and their customer-facing teams to supercharge sales and communications though AI and other innovative tools. We are confident the business is poised to benefit from multiple tailwinds, including the acceleration of AI adoption, demand for automated and personalized customer experiences, and the rise of vertical-specific SaaS solutions. We look forward to supporting Bigtincan’s leadership team as they continue to execute their strategy and drive long-term growth.”

David Keane, CEO and co-founder of Bigtincan, added, “Completing this transaction marks a significant milestone for Bigtincan and I could not be more excited about the future of our company. Vector Capital has a proven track record of helping software and technology businesses achieve greater scale and identify creative ways to enhance go-to-market strategies. Bigtincan is well-positioned as the partner of choice for leading corporations and we are eager to accelerate the development of our GenieAI solution suite, including AuthoringAI and RolePlayAI. The future of smart, AI-powered enablement is here, and we’re ready to lead the way."

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