• English
    • Deutsch (German)
    • Français (French)
    • Italiano (Italian)
    • 日本語 (Japanese)
  • Support
  • Login
  • Search
Apptio
  • Solutions
    • Overview
    • Application RationalizationStep-by-step framework for mastering application rationalization
    • Cloud Cost ManagementManage your cloud spend to bring teams together and fuel innovation
    • Cloud MigrationBuild certainty into your migration plan
    • FinOpsThe collaborative cloud financial management practice
    • IT Metrics & KPIs10 essential IT metrics that matter most to modern businesses
    • Public Sector ITAlign resources to reduce risk & maximize mission objectives
    • Technology Business ManagementThe framework needed to manage the business of technology
  • Products
        • Products
        • ApptioOneAnalyze. Optimize. Plan.
        • ApptioOne PlusAccelerate business strategies
        • ApptioOne BillingIT billing the business understands
        • ApptioOne BenchmarkingCompare your costs & know where you stand
        • CloudabilityAllocate & optimize cloud resources
        • Cloudability SaaSIdentify SaaS apps to optimize costs and manage risk
        • TargetprocessAdopt and scale agile across the enterprise
        • Platform
        • DatalinkIngest & structure data from over 350 source systems
        • Apptio TBM Unified ModelEmploy best practices for data sources, allocations & KPIs
        • InsightsSurface actionable insights & opportunities hidden in your data
        • Self-Service ReportingUnlock information and share reports across your organization
        • Comments & CollaborationDrive clarity with rich context without leaving the system
        • Action PlansSet, track, & monitor progress toward goals & objectives
  • Resources
        • Overview
        • Testimonials
        • Resource Center
        • Blog
        • Community
        • Support
        • Professional Services
        • Events & Webinars
  • Company
        • Overview
        • Careers
        • Leadership
        • Technology Business Management
        • Trust
        • Partners
        • News
        • Locations
  • Get Started
  • Search
  • Support
  • Login
  • English (English)
    • Deutsch (German)
    • Français (French)
    • Italiano (Italian)
    • 日本語 (Japanese)
Get Started

Press Release

Vista Equity Partners Completes Acquisition of Apptio

Bellevue, WA, January 10, 2019 – Apptio, Inc., software that fuels the digital transformation, today announced that it has been acquired by Vista Equity Partners (“Vista”), a leading investment firm focused on software, data and technology-enabled businesses. The $1.94 billion transaction, originally announced on November 11, 2018, was approved by Apptio’s stockholders on January 8, 2019 and completed on January 10, 2019.

“More than a decade ago, we began building the next great cloud software platform to help companies make smart decisions as they plan, analyze, and optimize technology investments,” said Sunny Gupta, co-founder and CEO of Apptio. “The resources and financial strength of Vista will allow Apptio to enter our next chapter of growth, maintain our commitment and passion for customers, and cement our leadership position in fueling digital transformation at hundreds of organizations of all sizes around the world.”

Following the transaction, Gupta will stay on as CEO, Apptio headquarters will remain in Bellevue, WA, and Apptio will continue to operate independently as Apptio, Inc.

With the completion of the acquisition, Apptio common stock ceased trading and is no longer listed on the NASDAQ Stock Market.

Qatalyst Partners acted as the exclusive financial advisor to Apptio and Wilson Sonsini Goodrich & Rosati served as legal advisor to Apptio to support the acquisition. Vista’s legal advisor is Kirkland & Ellis LLP.

 

About Apptio

Apptio is the leading software to fuel digital transformation. We help technology and finance leaders make smart decisions as they plan, analyze, and optimize technology investments in pursuit of digital transformation.  Apptio’s software uses machine learning to translate technology costs and utilization across on-premises systems, vendors, projects, agile and cloud systems into a holistic, business-centric view. With Apptio, IT leaders make smarter digital transformation investments. Companies of all sizes and geographies trust Apptio to fuel their digital transformation, including 50% of the Fortune 100. For more information, please visit www.Apptio.com.

 

About Vista Equity Partners

Vista Equity Partners is a U.S.-based investment firm with offices in Austin, Chicago, New York City, Oakland, and San Francisco with more than $46 billion in cumulative capital commitments. Vista exclusively invests in software, data, and technology-enabled organizations led by world-class management teams. As a value-added investor with a long-term perspective, Vista contributes professional expertise and multi-level support towards companies to realize 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. For more information, please visit www.vistaequitypartners.com.

 

Media Contacts:

Apptio:

Sarah Vreugdenhil

pr@apptio.com

 

Vista Equity Partners:

Alan H. Fleischmann

vista@laurelstrategies.com

Get Started

Whether you need help analyzing the true cost of the cloud, optimizing your technology spend, or communicating IT’s value to the business, Apptio can help.

Find a Solution

Request a Demo

Join an Event

Ask a Question

Apptio
Twitter
Linkedin-in
Envelope
  • Solutions
    • Overview
    • Application Rationalization
    • Cloud Cost Management
    • Cloud Migration
    • FinOps
    • IT Metrics & KPIs
    • Public Sector IT
    • Technology Business Management
  • Products
    • Products
    • ApptioOne
    • ApptioOne Plus
    • ApptioOne Billing
    • ApptioOne Benchmarking
    • Cloudability
    • Cloudability SaaS
    • Targetprocess
    • Platform
    • Datalink
    • Apptio TBM Unified Model
    • Insights
    • Self-Service Reporting
    • Comments & Collaboration
    • Action Plans
  • Resources
    • Overview
    • Testimonials
    • Resource Center
    • Blog
    • Community
    • Support
    • Professional Services
    • Events & Webinars
  • Company
    • Overview
    • Careers
    • Leadership
    • Technology Business Management
    • Trust
    • Partners
    • News
    • Locations
  • Get Started
  • Search
  • Support
  • Login
  • English (English)
    • Deutsch (German)
    • Français (French)
    • Italiano (Italian)
    • 日本語 (Japanese)
Founder and Technical Advisor to the TBM Council

© 2007-2021 Apptio, Inc. All rights reserved. |  Privacy Policy | Modern Slavery Act Statement