Vista Equity Partners Two of the fiercest competitors in the private equity world are on the verge of the same victory.
Software and technical venture capital giant Thoma Bravo on Friday announced a $ 6.6 billion deal to privatize Stamps.com for $ 330 a share. The Stamps.com deal, which sells digital broadcasting solutions to small and medium-sized businesses, was achieved on Thursday as a 67% reward at its asking price, generating billions for shareholders. Among them is Vista Equity Partners, considered Thoma Bravo’s largest competitor in the software capital market.
Vista Equity Partners For several years, Vista Equity has managed an internal public equity portfolio where it builds leading positions in publicly traded software and technology companies that are interesting. According to data provider Sentieo, with 406,975 Stamps.com shares, the company was Vista’s largest public position.
This figure does not include his public positions in the recently announced Ping Identity, Jamf and Datto Holdings and Lightspeed POS, which acquired the holding company Vista Upserve in cash and shares in December.)
Vista Equity earns about $ 54 million based on an estimate of about $ 134 million on Thoma Bravo’s Stamps.com site and its owned on Thursday.
Our calculations assume that Vista Equity has maintained its position since the first quarter.) Forbes ’Vista public stock portfolio analysis shows it has more than 25 U.S. technology stocks worth more than $ 600 million during the first quarter. com, ServiceNow, CloudFlare, CrowdStrike, Nice, Pluralsight, Shift4 Payments, Qualtrics and Hubspot. Vista also owns shares in the holding company Thoma Bravo Dynatrace.
Vista Equity Partners
If Vista had lost a buyer on Stamps.com LBO, he would at least take comfort in getting a nice profit from his shares. Documents show that Vista strengthened its position in the first quarter of 2021.
During that quarter, disappointing costs came down nearly 40% in Stamps.com shares, from $ 276 per share to $ 170 in early February. If Vista had built its position to the lowest level in February, it would have almost doubled its money.