FLASH Secures Over $250 Million in Round Led by Vista Equity Partners to Advance Connected Mobility Ecosystem
Vinson & Elkins advised FLASH, the leader in cloud parking software and mobility transformation, in connection with a $250+ million strategic investment led by Vista Equity Partners, a leading global investment firm focused exclusively on enterprise software, data, and technology-enabled businesses.
Vista is joined by existing lead investor L Catterton, other prior investors, and management. The minority investment will be used to expand FLASH’s mobility operating system and payments platform, extend digital services, and invest substantially in talent to support FLASH’s exceptional growth.
The V&E corporate team was led by partner Michael Gibson, with assistance from associates Jessica Cymbaluk and Tessa Krieger-Carlisle. Also advising were senior associate Collin Groebe and associate Alex Moosariparambil; counsel Allyson Seger and associate Fariha Jawed; counsel Rajesh Patel and associate Alexa Chally; partner Shane Tucker and associate Keira Kuntz; partner Sean Becker and associate Peter Goetschel; partner Hill Wellford, counsel David Smith and senior associate Ryan Will; and counsel Elizabeth Krabill McIntyre and senior associate Brian Howard.
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