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TYSONS CORNER, Va. – May 3, 2017 – Cvent's acquisition by Vista Equity Partners was presented with the 2017 Corporate Growth Award for Deal of the Year by ACG (Association for Corporate Growth) National Capital.
The acquisition of Cvent was identified as the most successful and impactful deal executed in the greater D.C. business community this year by the 2017 Corporate Growth Awards Committee. The award was presented at a black-tie gala on May 11, 2017.
"ACG National Capital Corporate Growth Award winners represent the very best in middle-market business management and innovation," said Shooter Starr, Client Advisor at Brown Advisory and the chair of the 2017 Corporate Growth Awards Committee. "The companies and business leaders selected for these prestigious awards are chosen specifically for their accomplishment and creativity in growing their businesses and in driving corporate growth."
The award recognizes the enterprises and individuals in the greater Washington, D.C. metro area's business community that have exhibited excellence in corporate growth and deal making over the past year.
"Cvent has had a unique opportunity to serve as a critical influencer and driver of the Washington, D.C. metro region's burgeoning tech-sector," said Reggie Aggarwal,, CEO and founder of Cvent. "We are proud to be headquartered in the Washington metro region as we continue to grow our headcount and our business in the area."
Vista Equity Partners' acquisition of Cvent closed in Q4 2016 and was valued at $1.65 billion.
ACG National Capital, a chapter of the international association, ACG (Association for Corporate Growth) that serves Washington, D.C., northern Virginia and southern Maryland, drives middle-market growth and increases deal flow. It provides unparalleled opportunities for networking, deal making and professional development for individuals involved in building corporate value through M&A, strategic partnerships, organic growth and capital funding.
ACG National Capital's veteran leadership and its membership have participated in nearly every M&A transaction completed recently in the D.C. metro region with over 400 members. For more information, visit www.acgcapital.org or the ACG online publication at www.acgcapitalblog.com.
Cvent, Inc. is a leading cloud-based enterprise event management company, with tens of thousands of customers and more than 2,500 employees worldwide. Cvent offers software solutions to event planners for online event registration, venue selection, event management, mobile apps for events, email marketing, and web surveys. Cvent provides hoteliers with an integrated platform, enabling properties to increase group business demand through targeted advertising and improve conversion through proprietary demand management and business intelligence solutions. Cvent solutions optimize the entire event management value chain and have enabled clients around the world to manage hundreds of thousands of meetings and events. For more information, please visit Cvent.com, or connect with us on Facebook, Twitter or LinkedIn.