Vista to Merge Four Winds, Poppulo into $1 Billion Company (1)

Vista Equity Partners portfolio company Four Winds Interactive, which makes technology for digital signs, is merging with Ireland-based software provider Poppulo, the companies said in a statement that confirmed an earlier Bloomberg News report.

The transaction values the combined companies at about $1 billion, according to people familiar with the matter, who asked not to be identified because terms weren’t disclosed.

Poppulo makes software that handles internal communications, including making corporate emails more engaging for employees.

Vista first invested in Denver-based Four Winds in 2019. This would be the second and largest acquisition for Four Winds. It acquired U.K.-based ...