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LogicMonitor CEO On Rapid Growth Initiatives, Channel Expansion And Why An IPO Is 'Still On The Table' After Private Equity Firm Purchase

"Our company is growing incredibly fast, it has been for years, but what's clear is we have a total addressable market that is several billion dollars and it's global," said LogicMonitor President and CEO Kevin McGibben.

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Are you expecting any job cuts after Vista Equity acquires a majority stake in you?

I'm not expecting any cuts. Conversely, we're growing incredibly fast. We're about 240 employees worldwide. We're hiring smart, talented people as fast as we can for key roles. You're going to see pretty significant expansion in our Austin office operations where we have our Global Center of Customer Excellence facility. We're going to continue to build that out in all aspects of the business. We're a growth company. LogicMonitor and Vista are partnering because we have a fantastic opportunity for really significant growth over the next several years with the total addressable market we're going after. This is an investment in growth opportunity, it's not an optimization play.

 
 
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