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Vista Equity and Blackstone Acquire Assent Inc. for $400 Million

6/17/2025

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Summary

Story summary

Vista Equity Partners and Blackstone acquired Assent Inc. for around $400 million, valuing it at $1.3 billion.
Based in Ottawa, Assent aids industrial firms in managing regulatory compliance and has experienced steady revenue growth.
The acquisition closed in March, resulting in increased board representation for Vista and new leadership.
Assent's revenue surged under former CEO Andrew Waitman, who now serves as executive chairman.

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Story summary

Vista Equity Partners and Blackstone acquired Assent Inc. for around $400 million, valuing it at $1.3 billion.
Based in Ottawa, Assent aids industrial firms in managing regulatory compliance and has experienced steady revenue growth.
The acquisition closed in March, resulting in increased board representation for Vista and new leadership.
Assent's revenue surged under former CEO Andrew Waitman, who now serves as executive chairman.