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Announced

Vista Equity to acquire a majority stake in Gainsight.

Synopsis

Vista Equity Partners agreed to acquire a majority stake in Gainsight, a provider of innovative technology. Financial terms were not disclosed. “We learned about Vista because many of their portfolio companies are Gainsight customers and we saw how they partner with leading enterprise software businesses to accelerate success. Reaching unicorn status and working with Vista is validation of how far the Customer Success community has come over the last seven years and how important our work is to the growth and financial strength of some of the world’s leading businesses. I couldn’t be more excited to partner with the Vista team to drive more innovation, more impact and continued success for the community as a whole,” Nick Mehta, Gainsight CEO.

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