Thanks Solar. This is significant news. Vista Partners appears to be a very active partner to the companies it takes an interest in. Including a significant focus on acquisitions.
Excerpt from their site:
Vista Equity Partners is a leading private equity firm focused on investing in software and technology-enabled businesses
With over $14 billion in cumulative capital commitments, Vista seeks to partner with world-class management teams looking to reach their full potential. We understand the software business model and have developed specific operational improvements (the "Vista SOPs") to create value, and we combine this operational capability and understanding with a unique, long-term perspective. This combination encourages optimal business decisions, enables the pursuit of operational excellence, and drives maximum value creation for all shareholders.
Vista Equity Partners is a low volume, high value-add firm that makes only a limited number of investments per year. Vista's investment process continually identifies specific companies that can be acquired and transformed through the implementation of the Vista SOPs into predictable, high cash flow businesses. We have maintained this disciplined focus since our founding, as it allows us to tailor both the transaction structure and our working relationship with management to best meet the specific needs of each situation.
We firmly believe that solid business execution and patient capital is a winning combination for long-term success.
