Apr 08, 2015 Whereas the standard operating procedure for private equity firms is to purchase struggling companies and cut costs until they can return them to profitability — or load them up with cheap debt before shutting them down in the worst scenarios — Vista focuses on building highly profitable companies by investing in them. Vista is known to follow a very specific procedure based on a highly guarded playbook called Vista’s Standard Operating Procedures (VSOP). 1) Standardized Employee Assessments Upon an acquisition of a target company, all acquired employees are required to take a personality test that is designed to assess the long-term potential. Vista Equity Partners has made a majority investment in Gainsight, a customer success company. No financial terms were disclosed. Qatalyst Partners served as financial advisor to Gainsight on the. Jul 19, 2013 Vista Equity Partners CEO Robert F. Smith (Image: File). Once Vista has acquired a controlling interest, its team applies what it calls VSOPs, or Vista standard operating procedures. Vista Equity Partners Standard Operating Procedures Aug 31, 2010 One of the easiest way to write standard operating procedures is to see how others do it. What I’ve done this week is share 7 examples of different standard operating procedures examples (also called SOPs) so you can see how different organizations write, format, and design.
Sometime prior to Nov. 25, the day Vista Equity Partners formally announced the completed acquisition of Omnitracs, the new owners made one thing very clear to John Graham, the organization’s new CEO.
Vista is a large company with numerous vertically oriented software and data-enabled businesses. Vista executives told Graham they did not know the “what” and “why” for trucking technology; they expected Omnitracs to know this information from its own expertise in the trucking domain.
Vista would, however, now be telling Omnitracs how to do it, said Norm Ellis, vice president of transportation and logistics sales, services and marketing for Omnitracs. Ellis shared his thoughts on the Vista acquisition during a phone call with CCJ on Dec. 5.
Vista has a set of standard operating procedures for every aspect of software development from gathering requirements to writing the code, testing and deploying new applications to the industries it serves.
“They are the experts at that and that is exactly what we need,” Ellis said. “We now have a partner that has processes on how to do the development, to find the requirements, and achieve a return on investment that customers are thrilled about. This is Vista’s intellectual property.”
Ellis knew of Vista’s standard operating procedures (VSOPs) before the acquisition, but neither he nor anyone else at Omnitracs were allowed to see anything in writing until the deal closed. Now the books are open, Ellis said Omnitracs will be able to develop technology more efficiently and faster than ever before.
“Our customers will be the greatest beneficiary a year to 18 months from now,” he said.
Vista Equity Partners Standard Operating Procedures Example
On the same day Vista announced it had cleared the last hurdle for purchasing Omnitracs, it broke the news that Roadnet Technologies, a provider of routing, scheduling, optimization and mobile resource management software, will be joining Omnitracs as part of a single organization.
Omnitracs considered buying Roadnet during the time Qualcomm had ownership but decided to back away as Qualcomm was pursuing buyers. Vista knew Omnitracs was interested in Roadnet, however, and decided to pursue the deal on its own.
“Customers expect us to grow and add onto our portfolio,” Ellis said. “We now have a perfect owner in Vista. They came at the right place and the right time.”
Discussions between Omnitracs and Roadnet are now underway, he added, and the combined entities are pursuing opportunities to better serve fleets in need of integrated telematics and route planning systems, especially those moving into dedicated operations to replace their customers’ private fleets.
Most Popular
Sometime prior to Nov. 25, the day Vista Equity Partners formally announced the completed acquisition of Omnitracs, the new owners made one thing very clear to John Graham, the organization’s new CEO.
Vista is a large company with numerous vertically oriented software and data-enabled businesses. Vista executives told Graham they did not know the “what” and “why” for trucking technology; they expected Omnitracs to know this information from its own expertise in the trucking domain.
Vista would, however, now be telling Omnitracs how to do it, said Norm Ellis, vice president of transportation and logistics sales, services and marketing for Omnitracs. Ellis shared his thoughts on the Vista acquisition during a phone call with CCJ on Dec. 5.
Vista has a set of standard operating procedures for every aspect of software development from gathering requirements to writing the code, testing and deploying new applications to the industries it serves.
Vista Equity Partners Standard Operating Procedures For Restaurants
“They are the experts at that and that is exactly what we need,” Ellis said. “We now have a partner that has processes on how to do the development, to find the requirements, and achieve a return on investment that customers are thrilled about. This is Vista’s intellectual property.”
Ellis knew of Vista’s standard operating procedures (VSOPs) before the acquisition, but neither he nor anyone else at Omnitracs were allowed to see anything in writing until the deal closed. Now the books are open, Ellis said Omnitracs will be able to develop technology more efficiently and faster than ever before.
“Our customers will be the greatest beneficiary a year to 18 months from now,” he said.
On the same day Vista announced it had cleared the last hurdle for purchasing Omnitracs, it broke the news that Roadnet Technologies, a provider of routing, scheduling, optimization and mobile resource management software, will be joining Omnitracs as part of a single organization.
Omnitracs considered buying Roadnet during the time Qualcomm had ownership but decided to back away as Qualcomm was pursuing buyers. Vista knew Omnitracs was interested in Roadnet, however, and decided to pursue the deal on its own.
“Customers expect us to grow and add onto our portfolio,” Ellis said. “We now have a perfect owner in Vista. They came at the right place and the right time.”
Vista Equity Partners Llc
Discussions between Omnitracs and Roadnet are now underway, he added, and the combined entities are pursuing opportunities to better serve fleets in need of integrated telematics and route planning systems, especially those moving into dedicated operations to replace their customers’ private fleets.