Vista invests in SecureLink

Vista Equity Partners has invested in SecureLink Inc. Financial terms weren’t announced. SecureLink, of Austin, provides third-party access and remote support for both enterprise companies and technology providers.

PRESS RELEASE

AUSTIN, Texas–(BUSINESS WIRE)–SecureLink Inc., the market leader in third-party access and remote support, today announced that the company has received a strategic investment from Vista Equity Partners (“Vista”) to accelerate its growth in the enterprise remote support software market.

 

Vista is the leading technology investment firm focusing exclusively on software, data and technology-enabled companies. The investment in SecureLink comes from Vista’s Endeavor Fund, focused on small cap, mission-critical enterprise software and data businesses seeking to expand their innovation and impact in the markets they serve. Vista provides these companies and their management teams the capital, expertise and support to build an operational foundation for sustainable growth and long-term value.

“For 14 years, SecureLink has been the unrivaled leader in enterprise remote support,” said SecureLink co-founder and CEO Jeff Swearingen. “With the growing number of high-profile breaches directly attributable to third-party remote access, we wanted to align ourselves with a partner that could take our company and customers to the next level. When considering multiple investors, our strategic partnership with Vista was the obvious choice. We play to win and Vista offers unmatched operational expertise and an outstanding track record of success.”

Vista will work with SecureLink to provide its rapidly expanding customer base fast, powerful, remote-access solutions as the company continues its commitment to product innovation and the customer experience. Supporting more than 400 customers across highly regulated industries including financial services, legal, gaming, retail and others, SecureLink works with more than 30,000 organizations worldwide and enjoys an industry-leading retention rate. Moving forward, the company will remain focused on its mission to provide a premier purpose-built platform for managing secure third-party access for remote support.

“This is an exciting time for SecureLink as it expands and innovates to respond to the demand from companies for better protection from security breaches originating from third-party vendors,” said Rene Yang, Principal and Co-Head of Vista Equity Partners Endeavor Fund. “We are delighted to partner with SecureLink on the frontlines to solve this challenge as the company continues to distinguish itself as the provider of choice in managing third-party access and remote support.”

Vista Point Advisors, a San Francisco based boutique investment bank (unaffiliated with Vista Equity Partners), acted as the exclusive financial advisor to SecureLink.

About SecureLink Inc.

Founded in 2003 with headquarters in Austin, TX, and an office in San Jose, Costa Rica, SecureLink is the unrivaled leader in managing secure third-party access and remote support for both enterprise companies and technology providers. Enjoying an industry-leading retention rate, SecureLink serves over 400 customers and 30,000 organizations worldwide. World-class companies across multiple industries including healthcare, financial services, legal, gaming and retail rely on SecureLink’s secure, purpose-built platform. To learn more visit www.securelink.com.

About Vista Equity Partners

Vista Equity Partners, a U.S.-based investment firm with offices in Austin, San Francisco, Chicago, and Oakland with more than $30 billion in cumulative capital commitments, currently invests in software, data and technology-enabled organizations led by world-class management teams with long-term perspective. Vista is a value-added investor, contributing professional expertise and multi-level support towards companies realizing their full potential. Vista’s investment approach is anchored by a sizable long-term capital base, experience in structuring technology-oriented transactions, and proven management techniques that yield flexibility and opportunity in private equity investing. For more information, please visit www.vistaequitypartners.com.

 

Source: https://www.pehub.com/2017/08/vista-invests-in-securelink/

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