Vista Equity to hand over Pluralsight to creditors


Vista Equity Partners founder, chair and CEO Robert Smith. — Reuters

NEW YORK: Private equity firm Vista Equity is in talks to cede control of its company Pluralsight to lenders, according to three people familiar with the matter and fund documents.

The financial information in the documents sheds light on how Pluralsight is set to become the first major debt restructuring of a company that borrowed from “shadow banks”.

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