US EditionQuest Software Announces New $350 Million Capital Infusion to Accelerate AI Innovation and Growth
- Quest Software announced a $350 million capital infusion on May 30, 2025, in Austin, Texas, to accelerate AI innovation and growth.
- This refinancing followed debt restructuring with existing lenders amid a market transformation driven by AI, data proliferation, and cyber resiliency needs.
- The infusion extends loan maturities to 2029, strengthens liquidity, de-levers the balance sheet, and supports expanding AI capabilities across Quest’s software portfolio.
- Tim Page emphasized that AI is driving a profound change in the way companies generate value, underscoring investor optimism in Quest’s future prospects.
- The investment enables Quest engineers to develop next-generation AI data management and cyber threat solutions while building a partner ecosystem for the AI revolution.
33 Articles
33 Articles
The Norfolk Daily News
Quest Software Announces New $350 Million Capital Infusion to Accelerate AI Innovation and Growth
AUSTIN, Texas, May 30, 2025 /PRNewswire/ -- Quest Software, a global leader in data management, identity security and platform modernization, backed by Clearlake Capital Group, L.P. (together with its affiliates, "Clearlake"), today announced the closing of a refinancing transaction of…
Quest Software Announces New $350 Million Capital Infusion to Accelerate AI Innovation and Growth - IT News Direct
AUSTIN, Texas, May 30, 2025 /PRNewswire/ — Quest Software, a global leader in data management, identity security and platform modernization, backed by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake“), today announced the closing of a refinancing transaction of its outstanding debt with a majority of holders of its existing first lien and second lien term loans. It includes a new capital infusion of $350 million by Quest’…
Coverage Details
Bias Distribution
- 75% of the sources are Center
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
