Articles from Vista Equity Partners

Vista Equity Partners (“Vista”), a global technology investor that specializes in enterprise software, today announced the winners of its 8th Annual North American and Global Hackathons. Vista’s two independent business innovation competitions provide an opportunity for developers and engineers across the Vista portfolio to connect with peers and compete to advance enterprise software solutions.

Vista Equity Partners, (“Vista”), a leading global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, and Vista Credit Partners, the firm’s credit-investing arm, today announced they have been named to Inc.’s list of Founder-Friendly Investors for 2024. This is the fifth consecutive year Vista has been honored in the private equity category, and the second time Vista Credit Partners has received this recognition as a founder-friendly lender.

Vista Equity Partners (“Vista”), a leading global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, today announced the winners of its 7th Annual Global Hackathon. The portfolio-wide business innovation competition provides an opportunity for developers and engineers to connect with peers and compete to advance enterprise software solutions with generative AI.

Vista Equity Partners (“Vista”), a leading global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, today announced the acquisition of JAGGAER, a global leader in enterprise procurement and supplier collaboration software, from Cinven. Terms of the transaction were not disclosed.

Vista Equity Partners (“Vista”), a leading global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, today announced the appointment of Dan Parant as Managing Director and Global Head of Private Wealth Solutions. In this new position, Parant will report to Vista’s Global Head of Capital and Partner Solutions, Greg Myers, and will accelerate Vista’s efforts to expand access to investing in private technology companies for financial advisors and their clients globally.

Vista Equity Partners (“Vista”), a leading global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, today announced senior leadership promotions.

Vista Equity Partners, (“Vista”), a leading global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, and Vista Credit Partners, Vista’s credit-investing subsidiary, today announced they have been named to Inc.’s list of Founder-Friendly Investors for 2023. This marks the fourth consecutive recognition for Vista in the private equity category while Vista Credit Partners takes honors in the lender category’s inaugural year. Inc. recognized how Vista’s founder relationships go beyond capital, providing resources and expertise to help founders grow their businesses.

Vista Equity Partners (“Vista”), a leading global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, today announced the winners of its 6th Annual Global Hackathon. The portfolio-wide business innovation competition provided an opportunity for developers and engineers to connect with peers from around the world and compete to advance enterprise software solutions with generative AI.

Vista Equity Partners (“Vista”), a leading global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, today announced the sale of its majority stake in Zapproved, an e-discovery software provider for corporate legal teams, to Leeds Equity Partners portfolio company Exterro, a provider of Legal Governance, Risk and Compliance (GRC) software. Vista will retain a minority stake in the go-forward business. Financial terms of the transaction were not disclosed.

Vista Equity Partners (“Vista”), a leading global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, today announced senior leadership promotions.

Vista Equity Partners, (“Vista”), a leading global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, today announced the appointment of Greg Galligan as Senior Managing Director at Vista Credit Partners. Mr. Galligan will be responsible for managing the direct lending business within Vista Credit Partners' multi-product credit platform, including helping to drive origination and underwriting efforts for both sponsor-backed and founder-led borrowers. Mr. Galligan will serve on Vista Credit Partner’s Investment Committee and will report to David Flannery, President of Vista Credit Partners and Senior Managing Director at Vista.

Vista Equity Partners (“Vista”), a leading global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, today announced it has exited its investment in Ping Identity, the intelligent identity solution for the enterprise and a Vista portfolio company since 2016, following the completion of the previously announced acquisition of the company for $2.8 billion total enterprise value.

Vista Equity Partners, (“Vista” or the “Firm”), a leading global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, today announced it has been named to Inc.’s list of Founder-Friendly Investors for 2022, recognizing the private equity and venture capital firms that entrepreneurs can trust and collaborate with while receiving the financial support they need to help accelerate growth. In naming Vista for the third year in a row, Inc. recognized the Firm’s continued track record of success backing founders and their teams, serving as a reliable partner no matter where a founder is in their journey.

Vista Equity Partners, (“Vista” or the “Firm”), a leading global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, today reinforced its commitment to the recently formed Economic Opportunity Coalition (EOC) as one of its founding members. In coordination with the White House National Economic Council, the Department of the Treasury, the Consumer Financial Protection Bureau, the Freedman’s Bank Forum and other industry stakeholders, Vista will continue its efforts to address economic disparities and accelerate economic opportunity in communities of color and other underserved communities.

Vista Equity Partners, (“Vista”), a leading global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, today announced the completion of its 5th Annual Global Hackathon. The portfolio-wide, global business innovation competition featured over 200 participants on 35 teams from 20 Vista portfolio companies spread across 20 countries, making it Vista’s most geographically diverse hackathon to date. The event underscores Vista’s commitment to product and technology excellence and innovation, while developing technical talent and providing opportunities for learning and networking for developers and engineers across Vista’s portfolio.

Vista Equity Partners, (“Vista”), a leading global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, today announced the appointment of Michael P. Charlton as Managing Director, Capital & Partner Solutions. In this new position, Mr. Charlton will be responsible for spearheading investor relations efforts dedicated to Vista’s credit platform, Vista Credit Partners. Mr. Charlton will report to Greg Myers, Senior Managing Director, Global Head of Capital & Partner Solutions.

Vista Equity Partners (“Vista”), a leading global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, today announced the expansion of the Firm’s internship program to provide new opportunities for rising college sophomores. The new program, built in partnership with the Knowledge Is Power Program (“KIPP”), a network of college-preparatory public charter schools, and The Posse Foundation (“Posse”), a leading college success and youth leadership development organization, advances Vista’s efforts to broaden its recruiting pipeline while also creating career pathways for young people from backgrounds not traditionally represented in asset management.

The National Association of Corporate Directors (“NACD”), the authority on boardroom practices representing more than 23,000 board members, together with Vista Equity Partners (“Vista”), a leading global investment firm focused exclusively on enterprise software, data, and technology-enabled businesses, and the Society for Human Resource Management (“SHRM”), a global trade association supporting HR and business executive members, today announced the launch of a new program to increase diversity among directors serving on the compensation, nomination, and governance committees of private and public company boards.

Vista Equity Partners (“Vista”), a leading global investment firm focused exclusively on enterprise software, data, and technology-enabled businesses, today announced that Datto, a market-leading global provider of security and cloud-based software solutions purpose-built for MSPs, in which Vista holds a majority stake, has completed its sale to Kaseya for $35.50 per share valuing the company at $6.2 billion.

Vista Equity Partners (“Vista”), a leading global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, today announced that each of its majority-owned portfolio companies have agreed to measure greenhouse gas (GHG) emissions, set a GHG reduction target and offset GHG emissions on an annual basis, as part of the Vista Climate Pledge.

Vista Equity Partners (“Vista”), a leading global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, today announced the appointment of Lauren Dillard as Chief Financial Officer and Senior Managing Director, effective April 11. She will succeed John Warnken-Brill, who is retiring from the role after over 15 years and will partner with Ms. Dillard to ensure a seamless transition.

Vista Equity Partners, (“Vista”), a leading global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, today announced the release of its ESG and DE&I Report: The Transformative Power of Technology. The report highlights Vista’s commitment to ESG and DE&I policies, as well as strategies and programs at both the firm and its private equity portfolio of companies that help generate meaningful investment results and create a positive impact for its investors, companies and communities. The report further demonstrates the firm’s belief that the transformative power of technology is key to a smarter economy, a healthier planet, more diverse and inclusive communities and a broader path to prosperity.

Vista Equity Partners (“Vista” or the “Firm”), a leading global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, today announced that it has been named to Inc.’s list of Founder-Friendly Investors for 2021, honoring the private equity and venture capital firms that have helped founder-led businesses thrive. In naming Vista for the second year in a row, Inc. recognized the Firm’s continued track record of success in backing founders and their teams as well as highlighted it as a leader within the Software, Information Technology and Business Products and Services sectors.

The National Association of Corporate Directors (NACD), the authority on boardroom practices representing more than 22,000 board members, and Vista Equity Partners (“Vista”), a leading global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, today announced the launch of a new program that seeks to increase diversity among professionals who wish to serve on audit committees of the boards of private and public companies.

Vista Credit Partners (“VCP”), a strategic credit investor and financing partner focused on the enterprise software, data and technology markets within Vista Equity Partners (“Vista”), today announced the final close of Vista Credit Partners Fund III (“VCPF III”), the latest iteration of its Flagship Credit Fund family. VCPF III closed at $2.3 billion, $800 million in excess of its original $1.5 billion target, with capital commitments from a diverse group of limited partners including U.S. public pension funds, sovereign wealth funds, multinational corporations, insurance companies, funds of funds, endowments, foundations, family offices and other investors.

Vista Equity Partners (“Vista”), a leading global investment firm focused on enterprise software, data and technology-enabled businesses, today announced that it has successfully completed the sale of UK-based Allocate Software (“Allocate”), a leading provider of human capital management solutions that help healthcare organizations deliver safe and effective care, to RLDatix, the international leader in governance, risk and compliance (GRC) solutions for healthcare.

Vista Equity Partners (“Vista”), a leading global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, today announced it has expanded its value creation and operational leadership team, naming three industry veterans as senior operating leaders: Craig Hayman, Operating Advisor for Vista’s Flagship Fund; Angela Pecoraro, Operating Managing Director who will further extend the Firm’s commitment to integrating ESG practices across its private equity funds and throughout the investment lifecycle of its portfolio of companies; and Dirk Wakeham, Operating Managing Director for Vista’s Foundation Fund.

Vista Equity Partners (“Vista”), a leading global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, today announced it is expanding its senior team with the appointment of Brian W. Steel as Managing Director, Strategic Communications. Effective immediately, Mr. Steel will lead the firm’s media relations and strategic firm communications programs.

Vista Equity Partners (“Vista”), a leading global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, today announced it has appointed David A. Breach as President of Vista.

Vista Equity Partners (“Vista”), a leading global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, today announced that it is expanding its senior team with the appointment of Shelby Wanstrath as Managing Director, Corporate Growth Initiatives, effective August 2021. Ms. Wanstrath will be based in Austin, Texas and report to David A. Breach, Vista’s Chief Operating Officer and Chief Legal Officer and a Senior Managing Director at the Firm.

Vista Equity Partners (“Vista” or the “Firm”), a leading global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, today announced that it has become one of the first North American-based private equity firms to join the Net Zero Asset Managers Initiative. By becoming a signatory, the Firm is committed to emitting net zero greenhouse gas emissions across its investments by 2050 and to reduce its emissions by 50% by 2030.

Vista Equity Partners (“Vista” or the “Firm”), a leading global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, today announced that it has partnered with Clearloop, a renewable energy accelerator, to offset its 2020 corporate carbon footprint and help expand access to clean energy in Jackson, Tennessee. The Firm subscribed to Clearloop’s first 1-million-watt solar project, and its partnership will help build 510 new solar panels and power 44 homes in the underserved community.