Canaccord Genuity is pleased to announce that its client, EnterpriseDB, has completed a sale to a private equity consortium led by Peak Equity Partners with participation from Milestone Partners and NewSpring Capital. Canaccord Genuity acted as exclusive financial advisor to EnterpriseDB in connection with the transaction that was completed on December 16, 2014.

EnterpriseDB is the leading worldwide provider of Postgres software and services that enable enterprises to reduce their reliance on costly proprietary solutions and slash their database spend by 80 percent or more. With powerful performance and security enhancements for PostgreSQL, sophisticated management tools for global deployments and database compatibility, EnterpriseDB software supports both mission and non-mission critical enterprise applications.