Vista Equity Co-Founder Brian Sheth Leaves Investment Firm

Brian Sheth, the co-founder of Vista Equity Partners, left the firm where he has served as president and principal dealmaker, the Austin-based private equity firm announced on Thursday.

Sheth resigned and will depart the firm effective immediately, the company said in a news release.

“I appreciate Vista working with me to structure my departure in a way that prioritizes protecting investors,” Sheth said in a statement. “I am excited to see what the next generation of investors at Vista will accomplish to evolve Vista long into the future.”

Sheth’s departure follows reports of tension between him and Robert ...