Tuesday, January 5, 2021

Quest Software Buys Erwin

Aliso Viejo-based software company Quest Software announced this morning that it has acquired erwin, Inc., a developer of data modeling, data governance, and business process modeling software. Financial terms of the acquisition were not announced. Quest said that Erwin has more than 3,500 customers across North America, EMEA, and Asia Pacific. Erwin had been owned by private equity investor Parallax Capital Partners. Erwin joins Quest's Information Systems and Management (ISM) business unit. The comapnies said that Erwin was advised by Citi in the deal, with Quest receiving legal counsel from Sidley Austin, LLP.

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