Akin Gump Advises Vista Credit Partners in $125 Million Financing of TripActions
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(New York) – TripActions, the leading cloud-based corporate travel and expense management platform, announced it has raised $125 million in convertible-to-IPO financing. Led by Greenoaks Capital with participation from Vista Credit Partners, the credit-lending arm of Vista Equity Partners, the funding gives TripActions more flexibility to weather COVID-19 while accelerating investments in TripActions Liquid and expanding its global enterprise sales and European operations. Akin Gump advised Vista Credit Partners in the transaction.
Vista Credit Partners is a strategic investor and financing partner focused on the growing enterprise software, data and technology market.
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Dan Fisher, head of Akin Gump’s integrated special situations group, and fellow partner Chris Centrich led the team advising Vista Credit Partners.
Akin Gump Strauss Hauer & Feld LLP is a leading international law firm with more than 1,000 lawyers and advisors in offices throughout the United States, Europe, Asia and the Middle East. Founded in 1945, the firm is proudly celebrating its 75th anniversary in 2020. #AkinGump75
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