Vista Equity Sells Stake In SirsiDynix

Austin-based private equity investor Vista Equity Partners has sold most of its stake in library software developer SirsiDynix to another private equity firm, ICV Partners. Financial details of the sale were not disclosed. ICV Partners announced the acquisition Wednesday. Vista Equity will still maintain a minority equity stake in SirsiDynix, according to the firms. SirsiDynix is based in Utah.