VISTA EQUITY PARTNERS AND DUCK CREEK

As a Vista Equity Partners portfolio company, Duck Creek sits at the intersection of deep insurance expertise and world-class software operational excellence. This partnership provides us with the long-term capital and strategic resources to accelerate our ‘Intelligent Core’ vision—ensuring our customers always have access to the most secure, innovative, and scalable platform in the industry.

Greater investment in product R&D, faster speed-to-market for new features, and the peace of mind that comes from a partner with unparalleled financial stability.

Defining the Standard for Cloud-Native Insurance

In March 2023, Vista Equity Partners (Vista) (link to https://www.bloomberg.com/profile/company/389272Z:US) acquired Duck Creek Technologies (Duck Creek), in a take-private transaction valued at $2.6 billion. In response, Mike Jackowski, Chief Executive Officer of Duck Creek, released the following statement:

“We are excited to commence our partnership with Vista Equity Partners and work together to advance the next generation of P&C insurance technology. With Vista’s global network and deep sector expertise, we will be better positioned to support and accelerate the industry’s transition to the cloud while continuing to deliver a best-in-class customer experience.”

In partnership with Vista (link to https://www.crunchbase.com/organization/vista-equity-partners), Duck Creek is working to further establish its position as a leader in the P&C space while continuing its trajectory of sustainable, long-term growth. Since the acquisition, Duck Creek has partnered with several industry leaders to expand its product offerings and capabilities and has received multiple recognitions for its industry leadership.

More About Vista Equity Partners

Vista is a leading global investment firm that was founded by Robert F. Smith (link to https://robertsmith.com/) in 2000. The firm invests in enterprise software, data and technology-enabled businesses through private equity, permanent capital, credit and public equity strategies. Vista’s differentiated and disciplined approach to enterprise software investing prioritizes value creation through operational transformation in close partnership with founders, leaders and executive teams.

Vista believes the transformative power of technology is the key to an even better future – a smarter economy, a healthier planet, diverse and inclusive communities and a broader path to prosperity. Vista is also committed to supporting the various communities in which its employees live and work. More specially, Vista supports organizations and initiatives that create onramps to opportunity, such as Girls Who Invest and KIPP.

Stay up to date with Vista by following the firm on LinkedIn, Instagram, Facebook, YouTube, and by visiting its official website, https://www.vistaequitypartners.com/.