Sonatype's Partnership With Vista Equity Partners
In November 2019, leading global investment firm Vista Equity Partners (Vista) announced it had acquired Sonatype, a pioneer of software supply chain management for the enterprise.
Sonatype’s CEO, Wayne Jackson, along with CTO and co-founder, Brian Fox, addressed the announcement in a company blog post. Jackson and Fox’s message emphasized the value of the partnership, stating, “At Sonatype, our vision, strategy and execution have long been focused on helping software engineering teams scale DevOps by automatically harnessing all of the good that open source has to offer, while minimizing the inherent risks. Vista, perhaps more than anyone else in the world, understands our vision and appreciates the strategic importance of our mission. For this reason, they are the perfect organization for us to partner with as we continue to grow and scale.”
Vista views this partnership as an opportunity to support Sonatype’s growth in DevOps systems used by software companies around the world. Patrick Severson, Senior Managing Director and Co-Head of Vista’s Foundation Fund, said of the growth opportunities, “Open source tools are an invaluable resource that enable companies and developers to keep up with the demand to deliver software applications at a rapidly accelerating pace. Wayne (Jackson) and his team have built an impressive business and an innovative portfolio of products that empower software development teams to continuously innovate responsibly and with the highest quality and most secure open source across every stage of the digital supply chain. We are pleased to partner with Sonatype as they continue to grow their company in the large and rapidly expanding DevOps market.”
Since the acquisition, Sonatype has been named by Forrester as a leading vendor in the software composition analysis (SCA) market, delivering value to customers across the world. CEO Wayne Jackson was also recognized as a Silver Winner in the Best in Biz Awards' Executive of the Year category in 2022.