Akin Gump Represents Vectrix in Completion of $25 Million Investment Package
(Washington, D.C.) - Vectrix Corporation, a full-service provider of e-business solutions headquartered in Dallas, Texas, has announced the completion of a $25 million capital investment package that will help fund the company’s next phase of global expansion.
Led by Hicks, Muse, Tate & Furst Incorporated and Encore Venture Partners, L.P., the investor group also includes Stephens Group, Inc.; VentureLink Holdings; Arena Capital Partners; and Akin Gump Investment Partners 2000.
Akin Gump Investment Partners 2000 is a venture capital fund created to assist clients and to take advantage of the tremendous opportunities and deal flow that Akin Gump Technology Ventures regularly sees. The fund typically invests between $50,000 and $250,000 in emerging Internet, microelectronics, software, telecommunications, new media and biotechnology companies.
Akin Gump represented Vectrix in the transaction.
Founded in 1945, Akin, Gump, Strauss, Hauer & Feld, L.L.P., a leading international law firm, numbers 900 lawyers with offices in Austin, Brussels, Dallas, Houston, London, Los Angeles, Moscow, New York, Northern Virginia, Philadelphia, Riyadh (affiliate), San Antonio and Washington. The firm has a diversified practice and represents regional, national and international clients in a wide range of areas, including antitrust; banking and financial institutions; bankruptcy, reorganization and creditors’ rights; capital markets; communications; corporate and securities; employee benefits; energy; entertainment; environmental; estate planning, wealth transfer and probate; government contracts; health; insurance; intellectual property; international; investment management; labor and employment; litigation; mergers and acquisitions; privatization; project finance; public law and policy; real estate and finance; taxation; and technology. For additional information, please visit our Web site at http://www.akingump.com.