Legal and Financial Powerhouses Behind the Deal
Vista is being advised by Kirkland & Ellis LLP, with partners Stuart Casillas and Edward Brennan leading the legal team, supported by associates Connor O’Flaherty, Ines Tzolov, Yangxier Sui, and John Forsythe.
On the other side, Ropes & Gray LLP is representing Nexthink, while Qatalyst Partners LP serves as the company’s financial adviser.
Permira’s Exit and Validation of Growth Strategy
For Permira, the transaction underscores a successful exit strategy. The U.K.-based investment firm originally led a $180 million financing round in 2021, which valued Nexthink at $1.1 billion.
Stefan Dziarski, partner at Permira, hailed the sale as proof of the firm’s expertise in scaling high-growth technology businesses.
“This is an important transaction for Permira as further validation of our technology expertise, and proof of our ability to deliver growth at scale through both our buyout and growth equity strategies,” Dziarski said.
Nexthink’s Vision Under Founder Pedro Bados
Despite the ownership change, Nexthink founder and CEO Pedro Bados will remain at the helm.
“Our top priority remains accelerating innovation and delivering even greater value to our customers and partners,” Bados said.
The company plans to deepen its AI-driven solutions that empower IT teams to resolve technical issues faster and enhance employee productivity — a market expected to surge as hybrid work continues to redefine corporate infrastructure.
