Vista Equity Partners and Acquia
In September 2019, Acquia announced a majority investment from Vista Equity Partners (Vista). The investment comes as Acquia advances our global network and creates the world’s only open digital experience platform (DXP). The partnership between Vista and Acquia is based on a shared philosophy of improving the world around us through advancements in technology.
“Our mission at Acquia is to help our customers and partners build amazing digital experiences by offering them the best digital experience platform,” said Acquia Founder and Chief Technology and Strategy Officer, Dries Buytaert, in a blog post. “By partnering with Vista and leveraging their scale, network and expertise, we can greatly accelerate our mission and our ability to compete in the market.”
“Vista’s support allows us to invest more in research and development, expand faster and get products to market quicker, while continuing to give back to open source communities,” said Acquia President and Chief Executive Officer, Michael Sullivan.
About Vista Equity Partners
Founded in 2000 by its Chairman and CEO Robert F. Smith, Vista is a leading global investment firm that exclusively invests in enterprise software, data and technology-enabled businesses through private equity, permanent capital, credit and public equity strategies. By providing technology expertise, operational guidance and capital for sustainable growth, Vista empowers organizations across industries to accelerate innovation and drive positive impact. Aside from being a leader in the enterprise software space, the firm supports the communities where its employees live and work and partners with organizations like KIPP and Girls Who Invest to provide educational and career development opportunities.
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