Vista Equity Partners Announces Close of Endeavor Fund II
Vista Equity Partners, an investment firm focused on enterprise software, data, and technology-enabled businesses, has announced it has completed an $850m fundraising for Vista Equity Endeavor Fund II and is now managing over $1.4b in assets and specializes in investment opportunities focused on scaling high-growth enterprise software companies.
“Companies are increasingly demanding an investment partner that can provide operational expertise and support in addition to capital investments. We are thrilled to close on Endeavor Fund II at a time when the number of companies that could benefit from our partnership continues to expand. We thank our limited partners for their confidence in us as investors and their belief in the value we offer founders, entrepreneurs, and management teams.” – Alan Cline, Co-Head of Vista’s Endeavor platform.
Endeavor focuses on high-growth enterprise software, data and technology-enabled businesses with $10m to $30m in annual recurring revenue. As part of the Vista portfolio, Endeavor companies have access to operational expertise through Vista’s 125-person consulting team that is committed to working with founders, executives, and management teams to grow and scale their businesses.
“By partnering with talented entrepreneurs and management teams to provide earlier stage companies access to capital along with Vista’s expertise, resources, and experience building world-class businesses, Vista’s Endeavor Fund empowers companies to grow and scale during the critical phase between venture capital investments and traditional buyouts,” said Rene Yang Stewart, Co-Head of Vista’s Endeavor platform. “With the close of Endeavor Fund II, we are well-positioned to continue to identify, invest, and advance today’s most promising, high-growth enterprise software companies across industries.”