Akin Gump Represents Vectrix in Completion of $25 Million Investment Package
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(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.
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