Stokes Lawrence Assists in $35 million Acquisition of Innovative Software Company
Related Practice: Business
Stokes Lawrence represented Vayant Travel Technologies in its $35 million acquisition by PROS Holdings. Vayant, based in Sofia, Bulgaria, is a cloud software company that provides advanced shopping, merchandising and pricing solutions to airlines. PROS software allows companies to create personalized and frictionless buying experiences for their customers.
“The combination of Vayant’s shopping, pricing and merchandising with PROS revenue management and real-time availability solutions provides extraordinary value to our customers and partners. Bringing together the complementary travel expertise of our two companies provides a further synergy to support the ongoing changes of the travel industry,” noted Vayant CEO Eric Dumas in a statement issued about the acquisition.
Led by attorneys Heidi Drivdahl and Brian Cadousteau, the Stokes Lawrence team of Karen Stewart, Nate Vigil, Alexis Lagerquist, Lucy Gelderloos, Tatyana Tunget and Peggy Rasmussen worked tirelessly to complete the transaction in a tight four-week timeline.