About

Founded in 2006, Vista Private Equity Group is focused on investment strategies in the areas of private equity and commercial real estate. Vista has established a long-term track record of delivering attractive, risk-adjusted returns on capital by identifying, developing and acquiring real estate or partnering with founders and management teams of small businesses at strategic inflection points (growth, M&A, recapitalization, succession).

We leverage our team’s 50+ years of experience, extensive network and resources to maximize value-creation. Through our purposeful approach to each investment opportunity, we work closely with transaction and operating partners to develop common goals and tailored structures to meet the needs of each unique situation. Our structure allows us to take a distinctive long-term approach with no constraints alongside patient, flexible and strategic capital.

About

Founded in 2006, Vista Private Equity Group is focused on investment strategies in the areas of private equity and commercial real estate. Vista has established a long-term track record of delivering attractive, risk-adjusted returns on capital by identifying, developing and acquiring real estate or partnering with founders and management teams of small businesses at strategic inflection points (growth, M&A, recapitalization, succession).

We leverage our team’s 50+ years of experience, extensive network and resources to maximize value-creation. Through our purposeful approach to each investment opportunity, we work closely with transaction and operating partners to develop common goals and tailored structures to meet the needs of each unique situation. Our structure allows us to take a distinctive long-term approach with no constraints alongside patient, flexible and strategic capital.

Real Estate

Since its founding in 1985, the Vista Companies, a full service commercial real estate firm, has developed and acquired over 75 commercial real estate properties primarily retail, mixed-use, and office with a market value of over $725 million. With over 130 years of development, acquisition, and leasing experience amongst its principals, Vista has extensive knowledge and relationships in many major U.S. sunbelt markets which is essential in sourcing and executing its development and value-add acquisition strategies. Additionally, we welcome joint venture development structures with landowners, developers, real estate operating companies, retailers, hospitals, doctor groups and other value-added service providers.

Target Property Value:
$5 – 100M

Industry Focus

Retail
Mixed-Use
Medical Office
Flex

Geographic Focus:
U.S. Sunbelt Markets

Transaction Types

Ground-Up Development
Build-To-Suit
Acquisition
Adaptive Re-Use
Covered Land Redevelopment

Investment Criteria:
Value-Add

Thematic Considerations

Strong Net Operating Income Growth
Attractive Rent Growth
Irreplaceable Urban
Mature Suburban
Lease-Up Opportunity
Renovation or Repositioning
Short Term Leases

Real Estate

Since its founding in 1985, the Vista Companies, a full service commercial real estate firm, has developed and acquired over 75 commercial real estate properties primarily retail, mixed-use, and office with a market value of over $725 million. With over 130 years of development, acquisition, and leasing experience amongst its principals, Vista has extensive knowledge and relationships in many major U.S. sunbelt markets which is essential in sourcing and executing its development and value-add acquisition strategies. Additionally, we welcome joint venture development structures with landowners, developers, real estate operating companies, retailers, hospitals, doctor groups and other value-added service providers.

Target Property Value:
$5 – 100M

Industry Focus

Retail
Mixed-Use
Medical Office
Flex

Geographic Focus:
U.S. Sunbelt Markets

Transaction Types

Ground-Up Development
Build-To-Suit
Acquisition
Adaptive Re-Use
Covered Land Redevelopment

Investment Criteria:
Value-Add

Thematic Considerations

Strong Net Operating Income Growth
Attractive Rent Growth
Irreplaceable Urban
Mature Suburban
Lease-Up Opportunity
Renovation or Repositioning
Short Term Leases

Private Equity

Vista Private Equity Group seeks to partner with leading founders, entrepreneurs and management teams who have created sustainable and profitable small businesses and are passionate for the strategic direction and long-term success of the business.

Target Initial Investment:
$5 – 50MM

Industry Focus

Business Services
Manufacturing / Industrial
Distribution / Logistics
Infrastructure Services
Environmental
Energy

Geographic Focus:
Texas and Southern U.S.

Transaction Types

Majority Control Investments (>50%)
Management Buyout Transactions
Growth Investments
Succession / Legacy Transition
Corporate Carve-Outs
Distress / Turnaround

Investment Criteria:
Revenue: $10 – 50MM
EBITDA: $1 – 10MM

Thematic Considerations

Scalable
Attractive Operating Margins
Free Cash Flow
Competitive Market Position
Favorable Long-Term Growth Prospects

Private Equity

Vista Private Equity Group seeks to partner with leading founders, entrepreneurs and management teams who have created sustainable and profitable small businesses and are passionate for the strategic direction and long-term success of the business.

Target Initial Investment:
$5 – 50MM

Industry Focus

Business Services
Manufacturing / Industrial
Distribution / Logistics
Infrastructure Services
Environmental
Energy

Geographic Focus:
Texas and Southern U.S.

Transaction Types

Majority Control Investments (>50%)
Management Buyout Transactions
Growth Investments
Succession / Legacy Transition
Corporate Carve-Outs
Distress / Turnaround

Investment Criteria:
Revenue: $10 – 50MM
EBITDA: $1 – 10MM

Thematic Considerations

Scalable
Attractive Operating Margins
Free Cash Flow
Competitive Market Position
Favorable Long-Term Growth Prospects

Team

Gregory Houghtaling | Founding Partner
gregh@vistagroupllp.com

Greg is a founding Partner of Vista Private Equity Group (“VPEG”). Greg is responsible for VPEG’s investment portfolio of closely-held operating businesses, including the identification, due diligence, closing and post-acquisition management. Greg also leads the real estate financing, risk management, dispositions and overall investment structuring. Prior to co-founding VPEG in 2006, Greg served as a Managing Director for 10 years with RSTW Partners, a Houston-based private equity firm which invested mezzanine and equity capital totaling $850 million through three institutional investment funds.

Gregory Houghtaling
Founding Partner
gregh@vistagroupllp.com

Greg is a founding Partner of Vista Private Equity Group (“VPEG”). Greg is responsible for VPEG’s investment portfolio of closely-held operating businesses, including the identification, due diligence, closing and post-acquisition management. Greg also leads the real estate financing, risk management, dispositions and overall investment structuring. Prior to co-founding VPEG in 2006, Greg served as a Managing Director for 10 years with RSTW Partners, a Houston-based private equity firm which invested mezzanine and equity capital totaling $850 million through three institutional investment funds.

Brent Mann | Founding Partner
bmann@vistagroupllp.com

Brent is a founding Partner of Vista Private Equity Group (“VPEG”) and the Executive Vice President of Vista Equities Group. Brent is responsible for leading Vista’s real estate operations, which includes site selection, construction management and overall investment management. Prior to joining Vista, Brent served in a variety of executive/management capacities over the course of a 19-year career with Weingarten Realty Investors (REIT recently was acquired by Kimco Realty), a Houston-based real estate investment trust with an equity market capitalization exceeding $2.5 billion. Brent served as Senior Vice President of New Business Development for Weingarten, where he held responsibility for leading new project development and merchant-build opportunities.

Brent Mann
Founding Partner
bmann@vistagroupllp.com

Brent is a founding Partner of Vista Private Equity Group (“VPEG”) and the Executive Vice President of Vista Equities Group. Brent is responsible for leading Vista’s real estate operations, which includes site selection, construction management and overall investment management. Prior to joining Vista, Brent served in a variety of executive/management capacities over the course of a 19-year career with Weingarten Realty Investors (REIT recently was acquired by Kimco Realty), a Houston-based real estate investment trust with an equity market capitalization exceeding $2.5 billion. Brent served as Senior Vice President of New Business Development for Weingarten, where he held responsibility for leading new project development and merchant-build opportunities.

Patty Bender | Partner
pbender@vistagroupllp.com

Patty joined Vista as a partner in 2016 and specifically focuses on acquiring and developing shopping centers in the greater Dallas – Fort Worth market. She joined Vista after a 35-year key leadership role at Weingarten Realty Investors. Patty directed the leasing, marketing, and market research departments and was responsible for over 350 shopping centers in 25 states across the country. She was directly involved in the development of 8 Target anchored shopping centers, several urban Whole Foods anchored developments and the design and development of several multi-level mixed-use centers.

Patty Bender
Partner
pbender@vistagroupllp.com

Patty joined Vista as a partner in 2016 and specifically focuses on acquiring and developing shopping centers in the greater Dallas – Fort Worth market. She joined Vista after a 35-year key leadership role at Weingarten Realty Investors. Patty directed the leasing, marketing, and market research departments and was responsible for over 350 shopping centers in 25 states across the country. She was directly involved in the development of 8 Target anchored shopping centers, several urban Whole Foods anchored developments and the design and development of several multi-level mixed-use centers.

Chris Tuohy | Partner
ctuohy@vistagroupllp.com

Chris joined Vista in 2022 and is responsible for helping lead the firm’s strategy and growth, including all aspects of private equity investments. Prior to Vista, Chris spent 13 years in a variety of finance and executive positions across Wall Street including Blackstone, KKR, EIG Global Energy Partners and Bank of America Merrill Lynch. He has held coverage responsibilities across the energy and infrastructure sectors and executed over $10 billion of transactions. Chris has extensive experience throughout the investment process from strategy, origination, execution, financing, fundraising, value creation and exit.

Chris Tuohy
Partner
ctuohy@vistagroupllp.com

Chris joined Vista in 2022 and is responsible for helping lead the firm’s strategy and growth, including all aspects of private equity investments. Prior to Vista, Chris spent 13 years in a variety of finance and executive positions across Wall Street including Blackstone, KKR, EIG Global Energy Partners and Bank of America Merrill Lynch. He has held coverage responsibilities across the energy and infrastructure sectors and executed over $10 billion of transactions. Chris has extensive experience throughout the investment process from strategy, origination, execution, financing, fundraising, value creation and exit.

Grayson Crady | Vice President
gcrady@vistagroupllp.com

Grayson joined Vista Private Equity Group in 2021 and has been responsible for analyzing and acquiring new investment opportunities while providing support in the ongoing portfolio management process. Grayson assists with investment strategy, deal structuring, due diligence, investor relations, business development, asset management and overall portfolio administration tasks. Prior to Vista, Grayson worked in various engineering, private equity and investment banking roles at Hilcorp Energy, Allied Industrial Partners and PPHB.

Grayson Crady
Vice President
gcrady@vistagroupllp.com

Grayson joined Vista Private Equity Group in 2021 and has been responsible for analyzing and acquiring new investment opportunities while providing support in the ongoing portfolio management process. Grayson assists with investment strategy, deal structuring, due diligence, investor relations, business development, asset management and overall portfolio administration tasks. Prior to Vista, Grayson worked in various engineering, private equity and investment banking roles at Hilcorp Energy, Allied Industrial Partners and PPHB.

Contact

Vista Private Equity Group

1127 Eldridge Parkway
Suite 700
Houston, TX 77077

(281) 560-7347
investorrelations@vistagroupllp.com

Contact

Vista Private Equity Group
1127 Eldridge Parkway
Suite 700
Houston, TX 77077
(281) 560-7347
investorrelations@vistagroupllp.com