Vista Equity Partners Appoints David A. Breach President

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Aug 03, 2021 01:23 pm
AUSTIN, Texas -- 

Vista Equity Partners (“Vista”), a leading global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, today announced it has appointed David A. Breach as President of Vista.

As President, Mr. Breach will continue to serve on Vista’s Executive Committee and Private Equity Management Committee as well as the investment committees of Vista’s private equity funds. He will retain his title of Chief of Operating Officer and continue his management company operational leadership roles and responsibilities, which include oversight across legal, compliance, information technology, finance, human resources, marketing and the firm’s ESG and DEI programs. Mr. Breach will continue to partner on the firm’s strategic vision, including areas of product strategy and investor engagement, while managing operations, scaling infrastructure and enhancing governance practices to support Vista’s accelerating growth.

“David possesses a strong business mind that is balanced by a deep conviction and commitment to the importance of people and relationships. For Vista, this has translated over the last seven years into growth, opportunity and advancements for all our stakeholders – investors, employees and our global of portfolio of companies,” said Robert F. Smith, Founder, Chairman and Chief Executive Officer at Vista. “With David as President, Vista’s leadership is very well-positioned to realize our vision and utilize the transformative power of technology to serve our investors and catalyze positive impact in our digital world.”

Mr. Breach joined Vista in 2014 and institutionalized foundational strategies, programs and processes to effectively capture the firm’s growth opportunities. In that time, Vista’s assets under management have grown nearly 400%, from approximately $16 billion to over $77 billion, and David helped scale the organization by nearly three times to 475 total employees to account for that growth and accordingly to ensure the continued success of the firm and its portfolio. With David’s support, Vista has raised $45 billion across its investment platforms, deployed $41 billion, and returned $32 billion across its private equity funds.

Credited with building and scaling the firm’s core infrastructure, including operating and administrative functions, Mr. Breach has also supported capital formation and investor engagement, partnered to evolve the firm’s governance strategy, championed the development and expansion of Vista Credit Partners as well as Vista’s permanent capital strategy, and advanced the firm’s ESG and DEI programs.

“Over the past seven years, I’ve had the opportunity to help scale an organization experiencing rapid growth, prioritizing our infrastructure and priority product strategies as we continue to strengthen our investor relationships, all to meet our ambitious goals as a purpose-built global technology investment platform,” said Mr. Breach. “I look forward to partnering with Vista’s senior leadership to continue our strong track record and market leadership as the preeminent investor in enterprise software. Vista’s global ecosystem of investors, operators and technologists has never been stronger - and I honor the opportunity and responsibility to generate enduring market value for all our stakeholders.”

About David A. Breach

David A. Breach is Vista’s President and Chief Operating Officer. He currently sits on Vista’s Executive Committee, the firm’s governing and decision-making body for matters affecting its overall management and strategic direction as well as the firm’s Private Equity Management and Vista’s Private Equity Funds’ Investment Committees. Mr. Breach also sits on the boards of Vista portfolio companies Datto (NYSE: MSP), EagleView, Jamf (NASDAQ: JAMF), Mediaocean, Ping Identity (NYSE: PING), Solera and Stats Perform.

Prior to joining Vista in 2014, Mr. Breach worked as a Senior Corporate Partner with the law firm Kirkland & Ellis, where his practice focused on the representation of private equity funds in all aspects of their business. While at Kirkland & Ellis, Mr. Breach was a member of its 15-person global executive management committee and was a founding partner of its San Francisco office. During Mr. Breach’s tenure, Kirkland’s Northern California practice grew to over 250 employees.

Mr. Breach received his J.D., from the University of Michigan, magna cum laude, Order of the Coif and B.B.A. in Marketing from Eastern Michigan University.

About Vista Equity Partners

Vista is a leading global investment firm with more than $77 billion in assets under management as of March 31, 2021. The firm exclusively invests in enterprise software, data and technology-enabled organizations across private equity, permanent capital, credit and public equity strategies, bringing an approach that prioritizes creating enduring market value for the benefit of its global ecosystem of investors, companies, customers and employees. Vista’s investments are anchored by a sizable long-term capital base, experience in structuring technology-oriented transactions and proven, flexible management techniques that drive sustainable growth. Vista believes the transformative power of technology is the key to an even better future – a healthier planet, a smarter economy, a diverse and inclusive community and a broader path to prosperity. Further information is available at vistaequitypartners.com. Follow Vista on LinkedIn, @Vista Equity Partners, and on Twitter, @Vista_Equity.

Alan Fleischmann
202-776-7776
[email protected]

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