Akin Gump Advises Vista Credit Partners in $125 Million Financing of TripActions
(New York) – TripActions, the leading cloud-based corporate travel and expense management platform, announced it has raised $125 million in convertible-to-IPO financing. Led by Greenoaks Capital with participation from Vista Credit Partners, the credit-lending arm of Vista Equity Partners, the funding gives TripActions more flexibility to weather COVID-19 while accelerating investments in TripActions Liquid and expanding its global enterprise sales and European operations. Akin Gump advised Vista Credit Partners in the transaction.
Vista Credit Partners is a strategic investor and financing partner focused on the growing enterprise software, data and technology market.
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