NEWS3 March 2017

Vision Critical announces private resale of shares

Financials News North America

CANADA – Customer intelligence platform provider Vision Critical has announced the completion of a private resale of a ‘significant proportion of the company’s shares’ to a private equity firm and an existing shareholder. 

AndrewReid crop

W Capital Partners, a New York-based private equity firm specialising in shareholder liquidity solutions for growth companies, alongside Georgian Partners, an existing shareholder, have purchased shares from early shareholders, including the remaining holdings of Angus Reid, the father of company founder Andrew Reid (pictured). The latter remains a significant shareholder. 

“The leadership position that continues to fuel the growth of Vision Critical is firmly grounded in the vision and entrepreneurial management of Andrew Reid and Angus Reid,” said Scott Miller, CEO of Vision Critical.

“With the new long-term investor support that we have now put in place, the company is superbly positioned for its next phase of growth as a critical source of customer intelligence for the world’s leading brands.”