Nexthink, the category creator and leader in Digital Employee Experience (DEX) management, has announced a definitive agreement to receive a majority investment from Vista Equity Partners, a leading global technology investor. This strategic investment arrives during a period of significant momentum for Nexthink and the DEX market, fueled by the emergence of agentic IT. Founder and CEO Pedro Bados, along with the existing leadership team, will continue to guide the company through its next phase of growth and innovation.
Quick Intel
Vista Equity Partners is making a majority investment in Nexthink.
The investment will accelerate Nexthink's growth in the DEX market.
Founder and CEO Pedro Bados will continue to lead the company.
Nexthink provides real-time visibility into technology performance for over 25 million employees.
The transaction is expected to close in the first quarter of 2026.
The deal reinforces Nexthink's position as a leading enterprise software company.
Strategic Partnership for Scaling Innovation
The partnership with Vista is positioned to provide Nexthink with the strategic network and operational expertise required to scale its business further. Vista's specialization in enterprise software and its track record of fostering growth in technology companies were key factors in the agreement. This investment will enable Nexthink to deepen its product innovation and deliver greater value to its extensive customer base, which includes over 1,500 enterprise customers globally.
"Vista is the gold standard in software investment and operational excellence," said Pedro Bados, CEO and Co-Founder of Nexthink. "Their strategic network and deep expertise are invaluable as we scale to our next stage. Our top priority remains accelerating innovation and delivering even greater value to our customers and partners."
Leading the Digital Employee Experience Market
Nexthink's platform is critical in today's digital workplace, where seamless technology experience is directly tied to employee productivity. By continuously analyzing billions of real-time signals from devices, applications, and networks, the platform provides a comprehensive view of technology performance. Its generative and agentic AI capabilities allow IT teams to proactively identify and resolve issues, automate improvements, and maintain high levels of employee engagement and productivity.
"As work becomes increasingly digital and distributed, businesses face mounting pressure to deliver seamless, high-performing technology experiences for their employees," said Michael Fosnaugh, Co-head of Vista's Flagship Fund and Senior Managing Director. "Nexthink's DEX platform enables real-time detection and resolution of IT issues — empowering enterprises to proactively maintain productivity."
The transaction, which is expected to close in the first quarter of 2026 subject to standard closing conditions, solidifies Nexthink's standing as a top-tier enterprise software innovator.
About Nexthink
Nexthink is the leader in digital employee experience management software. The company provides IT leaders with unprecedented insight allowing them to see, diagnose and fix issues at scale impacting employees anywhere, with any application or network, before employees notice the issue. Through agentic AI and cutting-edge solutions, Nexthink enables thousands of customers to provide better digital experiences and enhanced employee productivity to millions of employees. Dual headquartered in Lausanne, Switzerland and Boston, Massachusetts, Nexthink has 9 offices worldwide.
Vista is a global technology investor that specializes in enterprise software. Vista's private market strategies seek to deliver differentiated returns through a proprietary and systematic approach to value creation developed and refined over the course of 25 years and 600+ transactions. Today, Vista manages a diversified portfolio of software companies that provide mission-critical solutions to millions of customers around the world. As of June 30, 2025, Vista had more than $100 billion in assets under management.
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