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Stradling

Singularity Investments Completes Sale of Vorex, Inc. to Kaseya

Singularity Investments

On December 11, 2015, Stradling client Singularity Investments completed the sale of its portfolio company, Vorex Inc., to Kaseya for an undisclosed price pursuant to a Stock Purchase Agreement between Kaseya and the selling shareholders.

Dallas-based Vorex is a leading provider of online project management and enterprise resource planning (ERP) tools. Kaseya, which is headquartered in Dublin, Ireland, is a portfolio company of Insight Venture Partners, and the leading provider of complete IT management solutions for Managed Service Providers (MSPs) and small to midsized businesses.

Santa Monica-based Ryan Azlein led this transaction.