Vista Equity Partners - Our Companies

We have built a strong portfolio of software and technology-enabled businesses with a focus on long-term value creation.



Accero, Inc.
www.accerosolutions.com
Accero, Inc. (“Accero”) is a leading developer of payroll processing and human resource management software and services. The company provides solutions that seamlessly integrate and streamline human resources and payroll processes with a customizable suite of products designed to empower users to efficiently and securely manage mission-critical HR and payroll functions.

Accero provides its solutions to more than 200 companies across multiple verticals, ranging in size and representing more than 1.5 million employees.

Founded in 1974 and headquartered in Chicago, IL, the company has operations in the United States, Canada and the United Kingdom.

Vista Equity Partners Fund III completed a buyout of the Cyborg business unit from Hewitt Associates, Inc. in January of 2008. The company was renamed Accero, Inc. upon completion of the acquisition.


Applied Systems
www.appliedsystems.com
Applied Systems, Inc. was the leading provider of automation solutions for the property and casualty insurance industry. Since 1983, the company had developed software for independent insurance agents, brokers, managing general agents, and insurance companies, as well as banks and other financial institutions with insurance operations. Nearly 120,000 users comprising 10,000 agencies conducted business using Applied Systems' agency management systems and related products and services. Nearly 300 of the largest brokers and other financial institutions with insurance operations used Applied Systems products to automate their affiliated insurance agencies.

Applied Systems led the industry in agency/carrier real-time and batch communication solutions. The company's software products were used in approximately 50 percent of interface transactions based upon ACORD standards. Applied Systems automated insurance transactions at every distribution level from consumer through carrier, also providing technical support and professional services to maximize customers' return on investment.

The company was headquartered in University Park, IL with operations in Canada.

Vista Equity Fund II completed a management buyout of Applied Systems in September of 2004.

Applied Systems was acquired by Bain Capital in September of 2006.


Aspect Communications Corporation
www.aspect.com
Aspect Communications Corporation ("Aspect") was a leading provider of contact center software solutions and services that enable businesses to manage and optimize customer communications. Aspect's global customer base included more than two-thirds of the Fortune 50 and leading corporations in a range of industries, including transportation, financial services, insurance, telecommunications, retail and outsourcing, as well as large government agencies.

Aspect’s leadership in business communications solutions was based on two decades of experience and over 8,000 implementations deployed worldwide. The company was headquartered in San Jose, CA, with offices around the world.

Vista Equity Fund II invested $50 million in Aspect in January of 2003 in exchange for convertible preferred stock representing an approximately 30% stake in the company.

Aspect was acquired by Concerto Software in September of 2005 for $11.60 per share, with a transaction value of approximately $1.0 billion.


BigMachines
www.bigmachines.com
BigMachines, Inc. provides on-demand software solutions enabling enterprises to streamline their front-end selling processes and to better serve their customers and channel partners. BigMachines Lean Front-End® (LFE) solution streamlines the inquiry-to-order process for new products and aftermarket parts and services. LFE functionality includes: guided selling, configuration, pricing & quoting, proposal generation, order management, reporting and integration. From the beginning, BigMachines LFE platform has been built for rapid, on-demand deployment through an intuitive web interface.

BigMachines LFE solution delivers a compelling value proposition to its customers and has been implemented by leading companies in a variety of industries including industrial, medical equipment and high technology among others. Customers range in size from Fortune 500 leaders to small and mid-sized growth enterprises.

The company is headquartered in Deerfield, IL with operations in Europe.

Vista Equity Fund II acquired majority ownership in BigMachines through transactions in January of 2001 and August of 2002.


Brainware
www.brainware.com
Brainware, Inc. provides intelligent data capture and search & retrieval software solutions that enable enterprises to streamline the input and retrieval of critical business information. Its patented search and classification engine, Brainware™, forms the foundation of its powerful applications.

Brainware provides intelligent data capture solutions for invoice processing, order-to-cash management, document indexing, loan processing, and other document-intensive processes across the enterprise. The Company's enterprise and desktop search & retrieval solutions enable the quick and effective location of structured and unstructured content that may reside within a variety of locations.

The company’s U.S. headquarters is located in Dulles, Virginia with operations in North America and Europe.

Brainware was spun out of SER Solutions, Inc. in February of 2006, and Vista Equity Fund II maintains a majority ownership of Brainware.


CRAIG/is
www.craigis.com
 Craig/is, Ltd. ("Craig") is a leading provider of outsourced insurance subrogation services. Subrogation occurs when insurance carriers, self-insured corporations, or any party assuming underwriting risk exercises their right to pursue claims against a third party. Craig offers an end-to-end subrogation solution to its clients that leverages the Company's best practices, technology infrastructure and industry expertise to improve the efficiency of the subrogation recovery process. Craig utilizes its proprietary technology solution to increase the net amount recovered through subrogation, to improve the productivity of its adjusters performing the recoveries, to improve service delivery to clients and their insureds, and to allow its clients to focus internal resources on other important insurance operations.

Founded in 1993, Craig is headquartered in Jacksonville, FL.

Vista Equity Fund II invested in Craig through two transactions completed in August of 2001 and August of 2002.


P2 Energy Solutions, Inc.
www.p2es.com
P2 Energy Solutions, Inc. (“P2ES”) is the leading software, data, auction and marketplace company focused exclusively on the oil and gas industry. The company offers comprehensive, integrated solutions and services specifically designed to help its clients more efficiently acquire, develop, manage, divest and account for oil and gas properties.

P2ES’s software products are the oil and gas industry’s most comprehensive source of asset management solutions meeting the financial, operational and data management needs of energy companies from private independents to supermajors. Its flagship software products include Enterprise Land, Enterprise Upstream, Excalibur and Qbyte. These software products are used by over 340 exploration and production (“E&P”) companies, including 70 percent of the top 25 public E&P companies and 80 percent of the top 50 Canadian oil & gas companies.

Tobin, P2ES’s data solutions, is the leading provider of spatial data, software and services to professionals responsible for managing land-based assets in a variety of industries including oil and gas, utilities, pipelines and government. The Tobin products are used by over 2,000 customers including over 70 percent of the top 50 public E&P companies.

Oil & Gas Asset Clearinghouse (“Clearinghouse”) is the premier provider of oil and gas property marketing and advisory services in North America for the upstream and midstream oil and gas industry. The Clearinghouse has a network of over 19,000 qualified buyers and sellers and has brokered over 25,000 property transactions valued at nearly $7 Billion since its inception in 1992.

The company is headquartered in Denver, CO with offices in Houston, San Antonio, Ft. Worth, Calgary and Dubai.

Vista Equity Partners Fund III completed a buyout of P2ES in June 2008.


The Reynolds and Reynolds Company
www.reyrey.com
The Reynolds and Reynolds Company (“Reynolds & Reynolds”) delivers software solutions and services that support every aspect of automotive retailing. Serving dealers since 1927, it is a leading provider of dealer management systems and associated products and services. Reynolds & Reynolds enables automobile dealers to sell more cars and to improve customer service. The Company’s leadership is built on deep automotive industry experience, technological knowledge, and the unique ability to bring both together in solutions that connect car companies, automobile retailers, and consumers.

Vista Equity Fund II participated as the equity sponsor in a buyout of Reynolds & Reynolds in October of 2006.


SER Solutions
www.ser.com
SER Solutions, Inc. ("SER") delivered unsurpassed contact center management software solutions to support business activities such as planned and proactive customer care, telemarketing, collections, fundraising, emergency notifications and political calling. SER's solutions enabled enterprises to turn customers into loyal, long-term sources of recurring revenue by generating increased customer loyalty, expanding up-sell and cross-sell opportunities, maximizing agent productivity and reducing costs. The company was headquartered in Dulles, Virginia with operations in North America, Europe, and Asia Pacific.

Vista Equity Fund II acquired majority ownership of SER through two transactions in June of 2003 and July of 2004.

Jack Henry & Associates acquired SER’s Synergy division in December of 2004.

SER's Brainware division was spun-out to Vista Equity Fund II and management in February of 2006.

SER Solutions was acquired by the Gores Group in February of 2006.


Sirsi Corporation
www.sirsidynix.com
Sirsi Corporation (“SirsiDynix”) is the leading provider of software solutions and associated services for libraries of all types (academic, public, corporate, government, public/private K-12 schools and special). The Company’s Integrated Library Systems (“ILS”) automate and optimize the entire operation of a library as well as enhance a library’s ability to serve its users and community. In addition to its core ILS software, SirsiDynix offers other value-added products that help transform library technologies from staff-focused operational solutions to end-user focused solutions. Such solutions enable libraries to leverage their strong brands, presence within the community, and vast repositories of materials to remain a trusted and utilized destination for information and knowledge.

SirsiDynix has approximately 4,000 library and consortia customers which serve approximately 300 million people through more than 23,000 library outlets in the Americas, Europe, Africa, the Middle East, and Asia-Pacific.

The company is headquartered in Huntsville, AL with operations in Canada, EMEA and APAC.

Vista Equity Fund II completed a buyout of SirsiDynix in January of 2007.


SourceNet Solutions
www.sourcenetsolutions.com
SourceNet Solutions ("SourceNet") provided comprehensive business process outsourcing solutions for Finance and Accounting ("F&A") processes. The Company, founded in 1996 and headquartered in College Station, Texas, with operations centers in College Station and Reading, England, offered Fortune 1000 clients a complete outsourced solution for the various non-core F&A processes including Corporate Accounts Payable, Payroll and Energy/Utilities Payment and Information Management.

SourceNet’s client portfolio included leading Fortune 1000 companies including AT&T Wireless, TXU Energy Services, BNSF, Cemex, Rite Aid, Intersil, Unilever, Doane Pet Care, Tenneco Automotive, and Service Corporation International (SCI).

Vista Equity Fund II acquired majority ownershipl of SourceNet through a variety of transactions from 2000 to 2004.

SourceNet was acquired by Mellon Financial in December of 2004.


SRC Software
www.srcsoftware.com
SRC Software, Inc. ("SRC") was a leader in providing planning, budgeting and reporting solutions for mid-sized and large businesses. The company’s Performance Management software combined an Excel-based user interface with the power of a relational database. The company sold its software into a broad range of industries, with particular expertise in heath care and banking.

SRC was founded in 1984, and installed its first system in 1987. The corporate office was in Portland, Oregon, with additional sales offices throughout the United States, Europe and Asia. The company marketed its software through inside and outside sales, and strategic partners.

Vista Equity Fund II acquired majority ownership of SRC in May of 2002.

SRC was acquired by Business Objects in August of 2005 for approximately $100 million.


Sunquest Information Systems Inc.
www.sunquestinfo.com
Sunquest Information Systems, Inc. (“Sunquest”) is a leading provider of clinical and financial software solutions for the healthcare industry. The company designs, develops, and supports a comprehensive suite of information products for hospitals and commercial laboratories that include best-of-breed laboratory, radiology, and pharmacy software systems.

For over twenty-five years, the company has been dedicated to providing software solutions that enable quality patient care, clinical safety, and operational efficiencies. The Sunquest Laboratory™ system was recognized as "Best in KLAS" by the industry for the past three years. Sunquest’s solutions are deployed in over 1,200 U.S. hospitals and commercial laboratories and at over 60 customers in Canada, the UK, Western Europe, and the Middle-East.

The company is headquartered in Raleigh, NC with operations in Tucson, AZ and Bangalore, India.

Vista Equity Partners Fund III completed a buyout of Sunquest in October of 2007.


Surgical Information Systems
www.sisfirst.com
Surgical Information Systems, LLC (“SIS”) is a leading provider of integrated surgery management software solutions for the healthcare industry. The company provides solutions that empower operating rooms to address the most critical challenges facing hospital surgery departments today — patient safety and financial strength.

More than 250 hospitals, ranging in size from community hospitals to integrated delivery networks, benefit from SIS technology and services. From scheduling to clinical documentation to materials management, the SIS solution generates the information and the business processes that enable healthcare providers to improve efficiency and patient safety and to manage their surgery department as a business.

Founded in 1996 and headquartered in Alpharetta, GA, the company has operations in North America and India. SIS employs more than 200 professionals.

Vista Equity Fund II completed a management buyout of SIS in February of 2006.


Ventyx
www.ventyx.com
Ventyx, Inc. is a leading Service Delivery Management solution provider, helping clients in a broad array of industries optimize the management of their customers, workforce, spare parts inventory, tools and documentation in order to maximize performance and customer satisfaction while achieving significant cost savings. Its asset, workforce and customer management software products, professional services and hosted service offerings improve its clients' profitability by reducing costs, increasing capacity and competitiveness, improving service to their customers, facilitating billing for services and ensuring regulatory compliance.

Ventyx’s solutions have been purchased by more than 300 companies in more than 40 countries, representing diverse industries including utilities, telecommunications, government, education, transportation, facilities and property management, high tech, manufacturing, consumer packaged goods and more.

Ventyx has over 1,000 employees across North America, Europe and Asia. The company is headquartered in Atlanta, GA.

Vista Equity Fund II completed a buyout and take-private of MDSI Mobile Data Solutions, Inc. in September of 2005. In January of 2007, Vista Equity Fund II completed a buyout and take-private of Indus International and merged it with MDSI. The combined company was renamed Ventyx, Inc. in April of 2007.

In June of 2007, Ventyx acquired Global Energy Decisions, a leading provider of integrated resource planning and optimization, market analytics and generation management software, database and advisory solutions to the global energy supply chain. In August of 2007, Ventyx acquired New Energy Associates and merged it with its Global Energy Decisions division.

Vista Equity Partners - 150 California Street, 19th Floor - San Francisco, CA 94111
vep@vistaequitypartners.com - Phone: (415) 765-6500 - Fax: (415) 765-6666