Vision Solutions, Inc.
Vision Solutions is a premier provider of high availability, disaster recovery and protection, and migration solutions for multiple platforms, including Windows, Linux, IBM’s System i, AIX and Cloud. The firm’s product portfolio delivers near-zero downtime data migrations, shares data in real-time across platforms, and moves, protects and restores data, applications and operating systems of any kind on any combination of physical, virtual or cloud servers. Thoma Bravo acquired the business in 2006 by completing a take-private transaction on the Johannesburg, South Africa, Stock Exchange and immediately began an industry consolidation strategy that resulted in the acquisition of two of the largest companies in the market (iTera and Lakeview Technologies), followed by the take-private acquisition of Double-Take Software, Inc. This greatly strengthened Visions market position, broadened its platform and created the largest provider of cross platform high availability software. After almost ten years of growth and a 3x improvement in EBITDA margins, Vision was sold to another private equity firm. From the sale and prior distributions, the Thoma Bravo fund that made the investment earned a gross return of about 44% over a ten-year period and a multiple of about 5.2 times its investment.