logo
logo

Warburg Pincus Acquires Vermont Information Processing for About $1 Billion

Warburg Pincus Acquires Vermont Information Processing for About $1 Billion

03/01/25, 3:28 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgvermont
Money
$1 billion
Industry
information technology
software
Type
acquisition
Buyout firm Warburg Pincus has clinched a deal to acquire Vermont Information Processing, a software company for beverage distributors, for about $1 billion including debt. The acquisition, which could be announced in the coming days, marks an important development in the industry.

Company Info

Company
Vermont Information Processing
Location
vermont, united states
Additional Info
Vermont Information Processing was founded in 1972 as a software provider for beverage distributors. The company specializes in software solutions for management of warehouses and inventories. It serves prominent clients in the brewing industry, including Heineken and Guinness. The company has a strong reputation for its innovative software solutions.