Why Vista Equity Invested In BetterCloud: Executive Perspectives

"From day one, we've been laser focused on enabling companies to adopt best-in-breed SaaS applications in a secure and scalable way. This investment is a major milestone in that journey, and one that will allow us to continue to define and lead the SaaS Management category now and in the future. Vista is the perfect partner for BetterCloud given their tremendous experience and track record of investing in the best SaaS companies in the world, and their keen understanding of the value behind SaaS management. Together, we will continue to deliver on the promise of 'zero touch' SaaS management and elevate the role of IT in enterprises around the world."
"As the suite of SaaS applications for the enterprise continues to grow and is further integrated into operations, application management has become mission-critical for businesses. David and the BetterCloud team have established the market leading SaaS management platform, empowering employees and creating a more secure SaaS ecosystem for all of their customers. We are thrilled to partner with them and look forward to a bright future together."
Vista Equity Partners: Private Equity Investor Background
Vista Equity Partners is a well-known private equity firm in-and-around the MSP software market. The firm is in the process of selling Datto to Kaseya; that $6.2 billion deal is expected to close in the Summer of 2022.Additional Vista Equity investments have included:- Desktop as a Service (DaaS) software provider Citrix Systems;
- Network security company Infoblox;
- Apple device management software company Jamf;
- IT monitoring software company LogicMonitor;
- Identity and access management (IAM) company Ping; and
- small business CRM software company Pipedrive,