Akin Advises Vista Credit Partners in $75 Million Growth Investment in RapidAI
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(New York, Dallas and Houston) – Akin advised Vista Credit Partners (VCP), the credit lending arm of Vista Equity Partners, in a $75 million Series C preferred equity investment in iSchemaView, Inc. d/b/a RapidAI.
RapidAI is a global leader in developing artificial intelligence and technology workflow solutions to combat life-threatening neurovascular, cardiac and vascular diseases. VCP’s funding aims to drive platform innovation to support more disease states and go-to-market functions to accelerate growth in new regions and product verticals.
The Akin team was led by special situations, private credit & structured equity partner Ryan Cox and included partner Jon Boben and associates Josh Morry and Alexandra Babin.
More details on the transaction can be found here.
Akin is a leading international law firm with more than 900 lawyers in offices throughout the United States, Europe, Asia and the Middle East.
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