Industry Private equity Founded 2000 Number of employees 40 | Founder Robert F. Smith Number of locations 3 Type of business Privately held company | |
Key people Robert F. Smith, Founder
Brian Sheth, Co-founder Website www.vistaequitypartners.com Headquarters San Francisco, California, United States Subsidiaries TIBCO Software, Active Network, LLC, Solera Holdings, Infoblox, STATS LLC, Taxware, Vista Consulting Group | ||
Robert smith vista equity partners at 2015 color of wealth summit
Vista Equity Partners (Vista) is a leading American private equity and venture capital firm focused on financing and backing software and technology-enabled startup businesses, as well as passive equity investments. The firm was founded in 2000 by American businessman and investor Robert F. Smith, and has offices in Austin, Texas, Chicago, Illinois, and San Francisco, California. Vista operates with around $10 billion in their 2016 VI fund. As of 2016, Vista has closed three private equity funds that have returned in excess of 30% net IRR, making Vista one of the top performing private equity firms compared to its peers.
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Marketo acquired by vista equity partners
Investments
In January 2001, Vista made an investment in BigMachines, a provider of ERP and CRM integration software. Vista made additional investments the company through 2012, and sold the company to Oracle Corporation in October 2013.
In May 2009, Vista agreed to acquire Sumtotal Systems for about $160 million, and closed on the transaction in July 2009.
In July 2009, Vista acquired MicroEdge, a provider of financial services software, from Advent Software for $30 million.
In June 2012, Vista acquired Bullhorn, Inc., a provider of CRM Software for the recruitment industry, for a reported price of several hundred million dollars.
In May 2013, Vista announced it would acquire Websense for an estimated $906 million for approximately $1 billion. The transaction closed in June 2013.
In September 2013, Vista announced a new round of funding and a bid of over $1 billion to acquire Active Network, Inc, a provider of online event registration services. Vista has since acquired Lanyon, Inc., a software company based out of Dallas, Texas, with whom they merged a portion of Active Network's Business Solutions Group (BSG).
In September 2014, Vista announced its sale of Microedge to Blackbaud, Inc. for $160 million.
In September 2014, Vista announced that it would acquire TIBCO Software for $4.3 billion.
In June 2015, Vista acquired assets of Student Information System from Pearson PLC (which included PowerSchool), a provider of K-12 student information systems used by 15 million students in 73 countries.
In June 2015, Vista acquired Mediaocean, a software provider for the advertising industry.
In September 2015, Vista announced an agreement to acquire Solera Holdings, a provider of data and software for the automotive and insurance industries, for approximately $6.5 billion. In March 2016, Vista announced its completion of this acquisition.
In June 2016, Vista announced an agreement to acquire Marketo, a marketing automation software company, for approximately $1.79 billion, an agreement to acquire Ping Identity, a single-sign on digital security company, for an undisclosed amount.
In September 2016, Vista announced an agreement to acquire technology company Infoblox, for approximately $1.6 billion in cash.
In September 2016, Vista acquired Regulatory DataCorp, a provider of counterparty risk and financial regulatory compliance data and software.
Vista occasionally makes passive, public equity investments, in addition to investments in debt securities through its Vista Credit Opportunities platform.