Terms of Use
These terms of use (the “Terms of Use”) constitute a legally binding agreement between Vista Equity Partners Management, LLC (together with its affiliates, “Vista Equity Partners” or “Vista”) and you, the user of the Vista Equity Partners website (the “Site”). By accessing the Site you acknowledge that you have read and agree to the Terms of Use. The Terms of Use govern your use of the Site. Please read the Terms of Use carefully. If you do not agree with the Terms of Use, please do not use the Site.
Vista Equity Partners reserves the right to amend the Terms of Use in its sole discretion at any time. Vista Equity Partners will post any changes to the Terms of Use on the Site, and changes shall be effective immediately upon posting. We recommend that you re-visit the Site on occasion to learn of any revised terms or policies. Your continued use of the Site after any such changes constitutes your acceptance of the new terms and policies.
Use of the Site
Your right to access and use the Site is limited solely for the purpose of evaluating a potential business relationship with Vista Equity Partners or for internal business purposes in furtherance of an existing business relationship with Vista Equity Partners. Without limiting the foregoing, as a condition of your right to access the Site under the Terms of Use, you acknowledge and agree that you shall not directly or indirectly:
- Use the Site for any commercial purpose or for the benefit of any third party;
- Frame or hyperlink the Site or any portion thereof without the prior written consent of Vista Equity Partners;
- Remove any proprietary notices from the Site or any copy thereof;
- Attempt to decompile, reverse engineer or hack the Site or to defeat or overcome any security measures, encryption and/or digital rights management technology implemented by Vista Equity Partners with respect to the Site and/or data transmitted, processed or stored by Vista Equity Partners; or
- Use the Site for any illegal or fraudulent purpose.
Regulatory Disclosures
The content of this Site is for general, informational purposes. Under no circumstances should the information presented be considered an offer to sell, or a solicitation to buy, any security. Such offer or solicitation may only be made pursuant to the current offering documents for the relevant Vista sponsored investment vehicle (the “Fund”) which may only be provided to accredited investors and qualified purchasers as defined under the Securities Act of 1933 and the Investment Company Act of 1940. While the information provided herein is believed to be accurate and reliable, Vista Equity Partners, its advisors and employees make no representation or warranty of any kind, express or implied, as to its completeness, accuracy, reliability or currentness. Additionally, Vista Equity Partners expressly disclaims liability for any errors in or omissions from the information on this Site. Any content herein is subject to change without notice.
Although the Site may include investment-related information, nothing on the Site is a recommendation that you should purchase, sell or hold any security or other investment, or that you should pursue any investment strategy, and no information or Content (as defined below) on the Site is to be relied upon for the purpose of making or communicating investment or other decisions. Nothing on the Site is intended to be, and you should not consider anything on the Site to be investment, accounting, tax, legal or other professional advice.
The information provided on this Site may not be reproduced, distributed or communicated, in whole or in part, to any third party without the express written consent of Vista Equity Partners.
This Site includes information regarding certain of Vista Equity Partners’ past and present portfolio companies. It should not be assumed that investments made in the future will be comparable in quality or performance to the investments described herein. Further, references to Vista Equity Partners’ past and present portfolio companies should not be construed as a recommendation of any particular investment or security. It should not be assumed that the portfolio companies listed were or will be profitable. Any past performance information on the Site, including the Investor Website (as defined below), is not necessarily indicative, or a guarantee, of future results.
The Site may contain forward-looking statements (including those relating to current and future market conditions and trends in respect thereof) that are not historical facts and are based on current expectations, estimates, projections, targets, opinions and/or beliefs of Vista. Such statements involve known and unknown risks, uncertainties and other factors, and undue reliance should not be placed thereon. Such forward-looking statements can be identified by the use of terms such as “may”, “will”, “should”, “expect”, “project”, “estimate”, “intend”, “continue”, “target” or “believe” (or the negatives thereof) or other variations thereon or comparable terminology. In addition, no representation or warranty is made with respect to the reasonableness of any estimates, forecasts, illustrations, prospects or returns, which should be regarded as illustrative only, or that any profits will be realized. Actual events or results or actual performance of the relevant Fund (or any other entity referred to on the Site) may differ materially from those reflected or contemplated in such forward-looking statements. As a result, investors should not rely on such forward-looking statements in making their investment decisions. No representation or warranty is made as to future performance or such forward-looking statements. Statements other than of historical facts, including but not limited to those concerning market conditions, trends, consumer or customer preferences or other concepts, reflect the beliefs of Vista or, when applicable, of one or more Vista Fund portfolio companies or third-party sources.
Artificial intelligence technology models (“AI”), including generative artificial intelligence and similar technologies (“Gen AI”), can pose risks to Vista, the Funds, and their investments. AI is an emerging and rapidly evolving technology and therefore it is difficult to fully assess the risks associated with it and those posed to Vista, the Funds, and/or the Funds’ investments. Vista endeavors to evaluate AI models and related risks before using them in its business. However, there can be no assurance that it will do so successfully, and the use of AI may adversely affect Vista and the Funds and/or the Funds’ investments. Vista is exposed to the risks of these developing and evolving technologies, including in situations where AI is used by third-party service, data, or information vendors, or by companies where the Funds have or are considering an investment. Use of AI implicates risks resulting from inaccuracies in data input and output or signals, modeling, and information security and related regulatory developments, among others. Vista and/or the Funds could incur liability or expenses in connection with claims of infringement or similar claims by third parties related to information which Vista receives through Gen AI. As a result, these risks may subject Vista to potential litigation (particularly trademark, licensing terms of use, and copyright claims), conflicts of interest, and/or other legal or operational risks. It is possible that new regulations may emerge in this area which impedes or hinders Vista’s ability to use AI in the future. The adoption of proposed regulatory rules regulating AI and other similar systems may also impose additional obligations and expenses on Vista. Vista’s practices regarding the use of AI potentially disadvantage Vista competitively and there can be no assurance that Vista’s anticipated use of AI will be able to continue without restrictive regulatory requirements. Any of the foregoing factors could have a material and adverse effect on Vista, the Funds and the portfolio companies.
Assets under management (“AUM”) as of 06/30/2025. Vista’s AUM generally represents the net asset value (“NAV”) of assets Vista manages based on US GAAP plus unfunded commitment amounts as of the measurement date. NAV refers to the fair value of the assets of a Fund less the liabilities of a Fund. Vista Credit Partners’ (“VCP’s”) AUM generally represents: (1) the fair market value of assets held in VCP-sponsored investment vehicles, including vehicles formed for the purpose of facilitating co-investments (collectively, the “VCP Funds”), plus (2) unfunded equity commitments of the VCP Funds, plus (3) amounts available to be borrowed under the VCP Funds’ asset based credit facilities, with each figure calculated as of the aforementioned measurement date, plus (4) the fair market value of certain co-investments for which VCP provides non-discretionary investment advice. Vista’s AUM figures do not include assets held in certain employee contribution vehicles.
Credit assets deployed represents the cumulative capital deployed across the VCP platform, inclusive of leverage and recycling, as of 09/30/2025. FounderDirect origination reflects the aggregate size of FounderDirect deals sourced and originated by VCP from inception (2013) through 09/30/2025. VCP notes that a portion of certain of these deals were syndicated to non-VCP-managed investment vehicles, including VCP affiliates and third-party co-investors. Transaction data is shown as of 09/30/2025. Transactions include all signed or closed deals. There can be no assurance that any pending transaction will be consummated at all or on the terms currently contemplated or that any future payouts will be obtained.
Unless otherwise noted, information contained herein relating to industry sectors and sizes has been determined by Vista based on internal Vista research and data. Although Vista believes that such determinations are reasonable, they are inherently subjective in nature. Other market participants may make different determinations relating to sector characterization and size based on the same underlying data.
The information in this Site includes estimates and conclusions about Vista and its competitors that involve elements of subjective judgment.
Certain information contained in this Site has been obtained from published and non‐published sources prepared by other parties, which in certain cases have not been updated through the date hereof. While such information is believed to be reliable for the purposes of this Site, Vista does not assume any responsibility for the accuracy or completeness of such information and such information has not been independently verified by it. This Site will not be updated or otherwise revised to reflect information that subsequently becomes available, or circumstances existing or changes occurring after the date hereof, or for any other reason. In this Site, references to “$” or “US$” shall be to the lawful currency of the United States.
Mergers & Acquisitions’ Middle-Market Deals of the Year recognition is an annual recognition that was presented 05/2025. The 2025 Inc. Founder-Friendly Investors list is an annual recognition that was presented 10/2025, which included a participation fee for consideration. The 2024 Inc. Founder-Friendly Investors list is an annual recognition that was presented 10/2024, which included a participation fee for consideration. The 2024 GrowthCap Top Private Equity Firms recognition is an annual recognition that was presented 08/2024, which included a participation fee for consideration. The 2023 PEI Global Technology Private Equity Firm of the Year recognition is an annual recognition that was presented 03/2024. The 2023 Inc. Founder-Friendly Investors list is an annual list that was announced on 10/31/2023, which included a participation fee for consideration. The 2023 GrowthCap Top Private Equity Firms recognition is an annual recognition that was presented 09/2023, which included a participation fee for consideration. The 2023 PEWIN General Partner of the Year recognition is an annual recognition that was presented 07/2023. The 2022 Inc. Top Founder-Friendly Investors list is an annual list that was presented 10/2022, which included a participation fee for consideration. The 2022 GrowthCap Top 25 Private Equity Firms recognition is an annual recognition that was presented 09/2022, which included a participation fee for consideration. The 2021 Inc. One of the Top Founder-Friendly Investors for Entrepreneurs recognition is an annual recognition that was presented 10/2021, which included a participation fee for consideration.
The above-mentioned awards, rankings and other recognitions (“Recognitions”) do not include information on all applicable private equity funds available for investment or all vintages of such private equity funds and therefore are necessarily incomplete. In particular, the Recognitions do not include the results of private equity funds that do not meet the specified investment strategy or other specified criteria, or that were raised prior to or subsequent to the cut-off dates specified in the criteria for such Recognitions. Inclusion of such private equity funds could materially affect the relative positioning of the private equity firms shown in the Recognitions. In addition, the Recognitions make certain assumptions and weightings, and other assumptions or weightings could lead to materially different results. Because the methodologies of the Recognitions are proprietary, it is not possible for a private equity firm to assess the universe of private funds included, including an assessment of whether such funds have investment programs or risk/return profiles similar to that of the funds managed by such firm. Use of other methodologies might lead to a private equity fund or firm being ranked in a materially different position. In addition, any Recognition that represents an aggregate performance of any private equity firm’s funds, including but not limited to the above-mentioned Recognitions, is not necessarily indicative of any one investor’s experience. For the foregoing and other reasons, the Recognitions may not be an appropriate measure by which to assess the performance of any private equity fund.
Third-party logos and/or names included herein, including those of third-party private equity sponsors and other companies, are provided for illustrative purposes only. Inclusion of such logos and/or names does not imply affiliation with or endorsement by such firms or businesses. There is no guarantee that Vista or its portfolio companies will work with any of the firms or businesses whose logos and/or names are included herein in the future.
Operational Intelligence refers to Vista’s longstanding practice of pursuing operational intelligence in its investments, internal approach to deal execution including through Vista’s best practices and the use of Vista’s Value Creation Team.
Videos by Vista Equity Partners contain the opinions of past and present Vista Equity Partners and portfolio company personnel. Vista Equity Partners makes no representation or warranty of any kind, express or implied, as to the accuracy or completeness of the information in these videos. It should not be assumed that the portfolio companies discussed in these videos were profitable or that future portfolio companies or experiences will be comparable. Past performance is not necessarily indicative, or a guarantee, of future results. Under no circumstances should these videos be construed as an offer to sell, or a solicitation to buy, any security or as opinions regarding the provision of investment advisory services by Vista Equity Partners. The titles [of Vista professionals] as represented are a reflection of individual roles and work at the time of filming and not necessarily indicative of current or future positions. Value Creation Team (“VCT”) consists of Vista professionals dedicated in whole or in part to operational matters (“Operating Professionals”) and the members of Vista Consulting Group (including OneVista) (“VCG”), a wholly-owned subsidiary of Vista. Operating Professionals and VCG personnel are not employees or partners of Vista Equity Partners and are compensated separately for their services by portfolio companies or the Funds managed by Vista Equity Partners. Portfolio companies as represented are a reflection of Vista Equity Partners’ private equity portfolio at the time of filming and not necessarily representative of Vista Equity Partners’ current or future private equity portfolio. Branding of Vista Equity Partners’ private equity portfolio companies, including logos or other brand expressions, is a representation of such companies branding at the time of filming and is not necessarily indicative of current or future branding. Viewers of such videos by Vista Equity Partners should familiarize themselves with the full Terms of Use and other disclosures regarding this Site, which fully apply to these case studies.
The case studies presented on this Site contain the opinions of past and present Vista Equity Partners portfolio company executives and are intended to be viewed by potential portfolio company executives. Vista Equity Partners makes no representation or warranty as to the accuracy or completeness of the information presented here. It should not be assumed that the portfolio companies discussed in these case studies were profitable or that future portfolio companies or experiences will be comparable. The metrics regarding select aspects of the company’s operations were selected and provided by Vista solely for illustrative purposes to demonstrate elements of the company’s business, are incomplete, and are not necessarily indicative of the company’s performance or overall operations. There can be no assurance that historical trends will continue throughout the life of a Fund. Past performance is not necessarily indicative, or a guarantee, of future results. Under no circumstances should these case studies be construed as an offer to sell, or a solicitation to buy, any security or as opinions regarding the provision of investment advisory services by Vista Equity Partners.
Vista’s GHG Emissions report reflects emissions of Vista Equity Partners and not those its portfolio companies.
Transparency of Sustainability Risk Policies
As a General Partner, our goal is to deliver differentiated returns for our investors by driving growth and creating long-term value in enterprise software businesses. We believe sustainable investment practices contribute to this goal. Vista seeks to integrate sustainability considerations during the investment life cycle with engagement approaches designed to match Vista’s influence over the investment in accordance with its Sustainable Investment Policy and related processes. More information about Vista’s policies on the integration of sustainability risks in their investment decision‐making process can be found here.
Transparency of Adverse Sustainability Impacts at Entity Level
Vista considers Sustainability factors as part of its investment process but, at this time, it does not consider adverse impacts of investment decisions on sustainability factors as specifically set out in EU Regulation 2019/2088 (SFDR). Vista has chosen not to do so for the present time as it considers that its existing sustainable investment policies and procedures are appropriate, proportional and tailored to the investment strategy of the Fund. Vista continues to closely monitor regulatory developments with respect to the SFDR and other applicable ESG-focused laws and regulations, including the implementation of related and secondary legislation and regulatory guidance, and will, where required or otherwise appropriate, make changes to its existing policies and procedures.
Risks You Assume
While we make reasonable efforts to provide accurate information, we may not promptly update or correct the Site even if we are aware that it is inaccurate, outdated or otherwise inappropriate. You agree that we are not responsible for any action that you take or decision you make in reliance on any information contained in the Site.
Links to Other Websites
These Terms of Use apply only to the Site and not to other websites that may be accessible from the Site, and Vista Equity Partners shall not be responsible for the content of any third-party website accessible from the Site. Hyperlinks to or from the Site do not constitute third-party endorsement of, sponsorship by or affiliation with Vista Equity Partners. If you access any third-party website through the Site or otherwise, you do so at your own risk, and we encourage you to review the privacy policies and user agreements of all other websites that you visit as such policies and agreements will govern your access and use of those websites.
Ownership
The trade names, trademarks, service marks, trade dress, logos and other indicia of source (collectively, “Marks”) found on the Site and any and all information and content available through the Site, such as for example graphics, logos, articles and other materials (collectively, “Content”) are proprietary to Vista Equity Partners or its licensors and are protected by intellectual property rights and unfair competition and other laws. The Marks may be registered or unregistered trademarks of Vista Equity Partners or others. You may not use any Mark or Content without the express prior written permission of the owner (whether Vista Equity Partners or otherwise), and nothing contained in the Terms of Use or anywhere on the Site shall be construed as granting any license, permission or right to use any Mark or Content. Any unauthorized or prohibited use of the Marks or Content may subject the offender to civil and criminal liability under applicable law.
Disclaimer of Warranties
The Site is provided “as is” and “as available” and, to the maximum extent permitted under law, provided without warranties, claims or representations made by Vista Equity Partners, either express, implied or statutory, with respect to the Site, including warranties of quality, performance, non-infringement, merchantability or fitness for a particular purpose, nor are there any warranties created by course of dealing, course of performance or trade usage. Vista Equity Partners further does not represent or warrant that the Site will always be available, accessible, uninterrupted, timely, secure, accurate, complete or error-free. You acknowledge that the entire risk arising out of the use or performance of the site remains with you to the maximum extent permitted under law.
Limitation of Liability
Vista Equity Partners does not assume any liability or responsibility for the Site or the Content. Vista Equity Partners is not liable to you or anyone else for any claim of any nature whatsoever based on (1) the Site or the Content, including any decision made or action taken based on the Content or any feature of the Site or (2) your breach of any provision of the Terms of Use.
Under no circumstances will Vista Equity Partners be liable for any damages or losses (including direct, indirect, incidental, consequential, special, punitive or exemplary damages, lost revenues, lost profits, loss of business, loss of data or any other damages or losses) arising out of or in connection with the Terms of Use or your use of any service or Content, regardless of the theory of liability, whether tort (including negligence of any kind), contract or any other legal or equitable theory, even if advised of the possibility of the damages or if the damages could have been foreseen.
Indemnity
You agree that you will be solely responsible for, and that you will defend, indemnify and hold Vista Equity Partners, its parents, subsidiaries and other affiliates and each of their respective officers, directors, agents, employees and representatives harmless from and against any and all claims, demands, liabilities, costs or expenses, including reasonable attorneys’ fees, resulting from your use of the Site or your violation of the Terms of Use. Vista Equity Partners reserves the right, at its own expense, to assume the exclusive defense and control of any matter for which it is entitled to indemnification, but you must still indemnify Vista Equity Partners for all liabilities, losses or damages. You agree to provide Vista Equity Partners with whatever cooperation it reasonably requests.
Password Protected Investor Website
If you have received a password to access information on the website provided to investors in the Funds (the “Investor Website”), you acknowledge and agree that Vista Equity Partners has granted you limited access to specific information pertaining to certain Funds, and that the Terms of Use apply to the Investor Website in addition to any other terms of use, confidentiality agreements and disclaimers on the Investor Website. You agree not to attempt to access information other than that to which you are entitled as an investor. You agree that you are responsible for all activities that occur in connection with or arising out of the provided password. Accordingly, you agree to take all reasonable steps to protect the confidentiality of your password and not to allow any other person to use your password or gain access to the Investor Website. You agree to notify Vista Equity Partners immediately if you become aware of any disclosure, loss, theft or unauthorized use of your password.
The information contained in the password protected Investor Website is confidential and subject to the confidentiality provisions contained in the governing agreements of the entities to which you are a party. The information contained in the Investor Website may not be disseminated to any third party without the express written consent of Vista Equity Partners.
The Investor Website may contain material non-public information regarding the Funds and/or portfolio companies. It is a violation of United States securities laws for a person to trade securities of an issuer while in possession of material non-public information regarding such issuer or to communicate such material non-public information to any other person.
If you have not received a password to access the Investor Website, you agree not to attempt to access computer files in the Investor Website.
Privacy
Your privacy is very important to us at Vista Equity Partners. To better protect your rights we have provided the Vista Equity Partners Privacy Statement to explain our privacy practices in detail.
International Use
Vista Equity Partners makes no representation that the use of the Site outside of the United States is appropriate or lawful. Accessing this Site from countries or territories where such access is illegal is prohibited. If you access this Site from outside of the United States, you do so at your own risk and agree to comply with all local rules and regulations regarding internet usage. Vista Equity Partners’ databases are located in the United States and if you provide us with any data, you consent to the transfer and storage of such data within the United States.
Termination
Vista Equity Partners may terminate your access to this Site at any time, for any reason and without notice.
Miscellaneous
Should any term or provision hereof be deemed invalid, void or unenforceable either in its entirety or in a particular application, the remainder of the Terms of Use shall nonetheless remain in full force and effect. The failure of Vista Equity Partners at any time or times to require performance of any provision hereof shall in no manner affect its right at a later time to enforce the same unless the same is waived in writing. The Terms of Use shall be governed by and construed in accordance with the laws of the State of Delaware without regard to its conflict of law rules. Any legal proceeding arising out of or relating to the Terms of Use against or relating to Vista Equity Partners or any indemnified party under the Terms of Use will be subject to the exclusive jurisdiction of any state or federal court sitting in the State of Delaware and you irrevocably consent to the jurisdiction of such courts. The terms and conditions set forth in the Terms of Use and any agreements included or referred to in the Terms of Use constitute the final, complete and exclusive agreement with respect to the Site and may not be contradicted, explained or supplemented by evidence of any prior agreement, any contemporaneous oral agreement or any consistent additional terms.
Headings and captions throughout the Terms of Use are for convenience only and should not be considered part of the Terms of Use. The word “including” means “including without limitation.”
If you have any questions or concerns about the Terms of Use or any issues raised in the Terms of Use or on the Site, please contact Vista Equity Partners at +1(415) 765-6500.