Vista Equity Partners, a private investment firm focused on investment in enterprise software, data and technology-enabled organisations, has sold its majority stake in Fusion Risk Management, a provider of cloud-based operational resilience, business continuity, and risk management software and services, to growth-oriented private equity firm Great Hill Parters.
Financial terms of the deal, which will see Vista retain a significant minority investment along with Catalyst Investors and Level Equity Management, have not been disclosed.
Fusion says the new majority investment will allow it to enhance its product innovation capabilities, while continuing to accelerate several attractive organic and inorganic growth opportunities.
Fusion’s platform provides the company’s diverse base of over 400 blue chip customers with the knowledge and workflows they need to better mitigate threats, minimise downtime, maintain operational resilience, and sustain critical operations in the face of unexpected crises such as pandemics, geopolitical events, natural disasters, cyber-attacks, and more.
William Blair & Company served as exclusive financial advisor to Fusion Risk Management. Kirkland & Ellis LLP served as legal advisor to Great Hill Partners and to Fusion.
