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Direct Investment  + Alternative Assets  + M&As  + Private Equity  | 
Vista Buys Stake in Supply Chain Software Firm Resilinc

Vista Buys Stake in Supply Chain Software Firm Resilinc

Tech-focused private equity firm Vista Equity Partners said it would buy a stake in Milpitas, CA-based supply chain monitoring company Resilinc through its growth-focused Endeavor fund, which makes investments in companies with at least $10 million in recurring revenue.

Financial terms of the transaction were not disclosed.

Resilinc, whose customers include Danaher, Keysight Technologies and Stellantis, will use the fresh capital to accelerate product innovation, talent and go-to-market functions.

“(The investment) will also further accelerate our software and data offerings in response to the market’s demands for best-in-class multi-tier supply chain mapping and monitoring,” said Bindiya Vakil, CEO and co-founder of Resilinc.

With supply chains dealing with “over 250 disruptive events per week,” Resilinc’s algorithms scan over 100 million news and data sources to sense disruptions across suppliers, sites and materials, identifying alternate sources and providing companies appropriate mitigation actions.

The company claims its solutions provide insights into delivery delays, price movements and supply constraints for raw materials and commodities up to three months ahead of time.

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About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.

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