Monday, November 18, 2013

ACTIVE Network Names New CEO, Completes Go Private Deal

San Diego-based Active Network has appointed a new CEO, and now is officially owned by private equity firm Vista Equity Partners, the companies said Friday. Active Network said it has named Darko Dejanovic as its new Chief Executive Officer, after the completion of the cash tender deal for Active Network on Friday. Dejanovic was previously PResident of ACTIVE Network. The acquisition was worth approximately $1.05 billion.