Social Solutions becomes public benefit corporation; announces acquisition

Austin-headquartered Social Solutions Global Inc. announced March 18 it had become a certified Delaware public benefit corporation and that it had made an acquisition. The maker of software for nonprofit and human-services organizations is a portfolio company of Austin-based private equity firm Vista Equity Partners, and also is backed by former Microsoft Corp. CEO Steve Ballmer. Social Solutions joins other Austin-headquartered companies, such as Data.world Inc. as public benefit corporations…