LogicMonitor CEO On Rapid Growth Initiatives, Channel Expansion And Why An IPO Is 'Still On The Table' After Private Equity Firm Purchase
Why did you decide to go with a private equity firm compared to an IPO?
When you make a decision like this, you have to determine what's best for the business and best for your customers. I'm actually thrilled about it. I feel like it's the right partner at the right time for LogicMonitor to get to our ultimate outcome. I also believe strongly that this partnership does not preclude us from going public in a few years' time. It's absolutely still on the table. We've been able to build the business in a highly capital efficient way over time with some really great financial partners. I see Vista Equity as a premier partner for us to work with now to be able to help get us to our ultimate market potential. So whether that includes an IPO or not is actually less important than our goal of market leadership.