Silverchair Learning Systems (SLS) is an accredited online education and communication systems provider that works with senior care providers who want to improve training and communications (both internal and external) in their organizations. SLS products include a user-friendly online training solution that improves compliance; an employee feedback system that delivers surveys, analyzes results and provides remediation tools; and an online communication and education system for resident families. SLS is based in Charlottesville, VA (www.silverchairlearning.com).
Vista Equity Partners has more than $6.6 billion in committed capital and makes equity investments in enterprise software businesses and technology-enabled solutions companies. The firm was founded in 2000 and has over 50 investment professionals operating out of Austin TX, Chicago IL and San Francisco CA (www.vistaequitypartners.com).
Harris Williams & Co. acted as the exclusive advisor to Silverchair Learning Systems. The transaction was led by Sam Hendler from the firm’s Technology, Media & Telecom Group and Cheairs Porter from the firm’s Healthcare & Life Sciences Group.
“Attracting capital from an investor of Vista’s caliber is a testament to what the SLS team has achieved and the ongoing opportunity for differentiated SaaS businesses serving the healthcare market,” said Mr. Hendler.