Envisage Technologies Has Been Acquired by Vector Solutions
Envisage Technologies Profile
- Envisage Technologies, a portfolio company of Norwest Venture Partners, is the leading provider of training, performance and compliance management solutions for public safety
- The Envisage product line is anchored by its flagship product, the Acadis Readiness Suite, and includes public safety training management for agencies of all sizes, as well as document management, internal affairs case management, early intervention, performance management and more
- Envisage was founded in 2001 and is headquartered in Bloomington, IN
Vector Solutions Profile
- Vector Solutions, a portfolio company of Genstar Capital and Insight Partners, is the leading provider of industry-focused software solutions for training, workforce management and risk communications
- Vector Solutions’ extensive online and mobile learning library features curated world-class content to meet the unique needs of their clients in the industrial, engineering, education and public safety industries
- Vector Solutions was founded in 1999 and is headquartered in Tampa, FL
Norwest Venture Partners Profile
- Norwest Venture Partners is a leading venture and growth equity investment firm managing more than $9.5 billion in capital
- The firm invests in early to late-stage companies across a wide range of sectors with a focus on consumer, enterprise and healthcare and has invested in more than 600 companies since inception
- Norwest Venture Partners was founded in 1961 and is headquartered in Palo Alto, CA
“
With Vector, we are joining a seasoned team that, like us, has over 20 years of experience in leveraging technology in critical environments. Together, we are reimagining what is possible at the intersection of people, technology, content and data to enable safer, smarter and better decisions across all dimensions of public safety.
Ari Vidal
CEO, Envisage
“
Separately, each company serves the public safety market in distinctive and valuable ways, but together, we multiply those strengths to create a unified solution that will connect content and technology in ways no one else is doing, ultimately delivering insights and knowledge to first responders to help them make safer, smarter, better decisions. We are committed to serving public safety and its many critical industries - from fire to law enforcement to federal government and more. The Envisage team has built an impressive offering and we are excited to welcome them to Vector.
Mac Scheipe
CEO, Vector Solutions
- Envisage Technologies’ acquisition by Vector Solutions was announced on September 08, 2021; financial terms were not disclosed
- Shea & Company served as the exclusive financial advisor to Envisage and Norwest Venture Partners