In a move that reshapes the digital workplace software landscape, Vista Equity Partners LLC announced Tuesday that it will acquire a majority stake in Swiss software firm Nexthink, valuing the company at roughly $3 billion.
The deal marks Vista’s latest high-stakes bet in enterprise technology, coming as businesses worldwide rush to upgrade their IT systems amid the AI revolution. The acquisition allows British investment firm Permira, Nexthink’s prior majority shareholder, to make a lucrative exit after three years.
$3 Billion Valuation and a New Chapter for Nexthink
While Vista didn’t disclose the exact size of its stake, it confirmed that the transaction values Nexthink at approximately $3 billion. The firm said the investment will fuel Nexthink’s next phase of growth, strengthening its position in the digital employee experience (DEX) market — a rapidly expanding niche powered by artificial intelligence.
Nexthink’s platform delivers real-time analytics on employees’ digital experiences, helping IT departments monitor performance, fix system issues, and optimize workflows across remote and hybrid environments.
Rod Aliabadi, managing director at Vista, described the partnership as a strategic leap into a high-potential space.
“We’re excited to partner with Nexthink as it continues to lead the expansion of the digital employee experience market, an attractive segment with strong AI tailwinds and significant long-term potential,” Aliabadi said.
