Leading software technology investment
With more than USD58 billion in capital commitments and over 20 years of PE investing expertise, Vista Equity Partners has cemented its reputation as one of the industry’s leading software technology investors, exclusively focusing on enterprise software, data, and technology-enabled businesses.
At the helm of the firm is Robert F Smith, Founder, Chairman and CEO. Since Smith opened Vista’s first office in 2000, the firm has developed deep sectoral expertise, making it better positioned than any other to take advantage of opportunities in the enterprise software industry.
Vista’s disciplined strategy of investing in companies with superior products – or companies with the ability to develop superior products – and the firm’s experience in partnering with management teams to enhance operational excellence and accelerate growth opportunities, has allowed it to consistently unlock value in the companies in which it invests. Over the last five years, Vista has enjoyed a significant growth trajectory, during which time its assets under management have risen from USD14 billion to north of USD58 billion.
Last year, Vista raised its largest ever buyout fund. With capital commitments of USD16.9 billion, Vista Equity Partners Fund VII LP became the biggest technology-focused private equity fund ever raised in the United States.
In order to be in a position to effectively deploy such significant amounts of capital, Vista prioritises building relationships across the enterprise software ecosystem and takes a systemic approach to monitoring the market through a proprietary database of thousands of potential companies. Indeed, it prides itself as an investment partner of choice for CEOs and founders seeking to grow and scale their businesses.
One aspect of how Vista collaborates with its management teams to enhance their value has been to establish a dedicated value creation team known as Vista Consulting Group. Comprised of operating partners, practice advisors and consultants, the aim is to share extensive expertise to help companies improve and advance their business success. One example is Vista’s data scientists, engineers and domain experts who help Vista’s portfolio companies to maximise data intelligence opportunities, with AI, machine learning and deep learning all key aspects of their work.
Despite the unprecedented economic and social volatility brought on by the Covid-19 pandemic, Vista has been able to invest new capital and return capital to its investors. Vista’s position of strength has enabled the firm to maintain its commitments and exceed the expectations of its investors at a moment when many other firms have experienced significant challenges.
With an acceleration in the digital transformation of virtually every market sector and organisation, this has led to the proliferation of enterprise software companies at all stages in the market. As such, Vista is constantly identifying and researching companies that have the ability to scale with additional investment and the deployment of operational best practices.
Vista has dedicated funds as well as investment and operational professionals focused on every part of the enterprise software market. Vista’s Endeavor Fund is focused on lower-middle market and high-growth enterprise software companies. Its Foundation Fund is focused on lower middle-market and middle-market companies, and its Flagship Fund is focused on middle-market and large cap companies.
As it continually assesses buyout opportunities, Vista sees good reason for optimism to deploy smart, strategic capital to grow and scale lower middle-market, middle-market and large cap companies across the enterprise software sector.
Robert F Smith
Founder, Chairman & CEO, Vista Equity Partners
Robert F. Smith is one of the TIME 100 Most Influential People in the World, and has been recognised by Forbes as one of the 100 Greatest Living Business Minds. In 2019, Smith made headlines by eliminating the student debt of 400 Morehouse College graduates. Smith is also the Chairman of Carnegie Hall.