In 2013, global investment firm Vista Equity Partners (Vista) invested in both Digital Technology International (DTI) and Saxotech to create the company NEWSCYCLE Solutions. This new company was a true blending of the best that each team had to offer and created an even stronger leader in the enterprise software industry. The group’s expertise along with a customer base that reached thousands in more than two dozen countries, demonstrated the true global influence in SaaS and the global news media industries.
“We are thrilled to be building a new and exciting business in NEWSCYCLE Solutions. The combined company’s foundation will be the strength of its people, products and high-quality customer bases,” said Alan Cline of Vista Equity Partners, at the time of the merger in 2013. “We see the formation of NEWSCYCLE Solutions as an incredible opportunity to innovate and evolve how the local news media marketplace is served. The combined company will have the scale, breadth and resources to support the industry and its technological needs in the years to come – a long-term win for all stakeholders.”
In April 2019, after a long process of both corporate introspection and analysis of our role in the industry, NEWSCYCLE Solutions rebranded and relaunched as Naviga. With four new acquisitions under our corporate umbrella, we grew even stronger and more dynamic in the enterprise software market. To streamline the complex universe that now contained five combined product lines, we formed a new unified name, brand, and purpose. Naviga now brings together each company’s best practices, a collaborative business practice that’s at the core of Vista Equity Partners’ business philosophy.
That’s a key part of how Vista works with its many portfolio companies — by coming together to share what’s working best. This cooperative work ethic and inherent drive to learn and grow empowers each Vista company to build on their own individual best practices and share them across the Vista ecosystem. This operationally focused knowledge exchange helps each company thrive with the most efficient and productive methods in place. Vista’s companies ultimately grow stronger through their shared communication and dedication to always do better.
We see the formation of NEWSCYCLE Solutions as an incredible opportunity to innovate and evolve how the local news media marketplace is served. The combined company will have the scale, breadth and resources to support the industry and its technological needs in the years to come – a long-term win for all stakeholders.
Senior Advisor | Vista Equity Partners
Vista Equity Partners is an Austin, Texas-based company that exclusively invests in enterprise software, data, and technology-enabled companies. Vista was founded in 2000 by CEO and Chairman Robert F. Smith. An entrepreneur with a background in technology, Smith brought his expertise in leveraging corporate best practices and applying them to technologically advanced, but less efficient businesses in order to improve their productivity and profitability.
Vista offers a unique workplace and a modern operational philosophy for both its employees, and those of its portfolio companies. Vista bases its corporate architecture on the promotion of diversity, environmental stewardship, and social responsibility. The results of this governance plan can be seen in the company’s dedication to transparency, diversity and inclusion, and their many philanthropic causes. After 20 years as a leading investment firm, Vista operates from five offices across the country, including Austin, Texas; Oakland and San Francisco, California; Chicago, Illinois; and New York City.