Francisco Partners and Elliott Management Corporation announced the completion of the Dell Software Group acquisition and the relaunch of Quest as a new standalone company.

With a nearly 30-year heritage, Quest will now focus on expanding its IT and cloud management portfolio solutions to include SaaS solutions for the cloud era.  Coupled with Quest’s systems and security management software expertise and market leadership, the company will continue to invest in developing the software solutions, both on-premises and SaaS, that empower its 100,000 customers worldwide to drive their business growth. 

“Along with our partners at Elliott Management, we’re excited to officially relaunch Quest today as a standalone software company,” said Dipanjan “DJ” Deb, co-founder and chief executive officer, Francisco Partners. “Quest has a long and successful software heritage, and a fiercely loyal community of employees, customers, and partners. We look forward to this new chapter for Quest and are confident the team will continue innovating on behalf of customers, while driving profitable growth for the company.”

The constantly evolving security, IT and cloud management landscape increases the demands on today’s IT professionals to build more robust, more secure and more nimble IT infrastructures. Quest’s solutions reduce the time, effort and ultimately money spent on IT administration and development and open opportunities for increased focus and investment on business innovation.

The Quest solutions address critical areas of security, IT and cloud management such as database management, data protection, endpoint systems management, identity and access management, and Microsoft platform management. As a result, customers are empowered to secure the infrastructure, automate complex processes, optimize application experiences, and enable data-driven decision-making, all while modernizing for the cloud.

Quest will take a fresh look at opportunities to best serve customers across diverse product solution areas by expanding its routes to market across the business. This includes working closely with channel partners across all areas of the portfolio, as well as enabling a global ecosystem of system integrators to assist in deploying Quest solutions like those from the identity and access management and Microsoft platform management portfolios. This will provide customers a choice to work either directly with Quest or with a trusted partner of their choosing. The company is committed to making it simple for customers and partners to work with Quest and to continue delivering quality products and exceptional support and services.

Quest today counts more than 100,000 customers worldwide, and boasts a portfolio full of more than 100 innovative, market-leading solutions, including:

• One Identity, offering a portfolio of modular and integrated, award-winning solutions for identity governance, privileged management, access management and identity as a service
• Toad, the industry’s premier tool for database professionals, Spotlight, which provides unmatched monitoring, diagnosis and SQL Server optimization, and SharePlex, a leading database replication and near real-time data integration solution
• Migration Manager, Recovery Manager for Active Directory, Change Auditor and a number of other award-winning solutions which help customers migrate, manage and secure data across Microsoft platforms
• Foglight performance monitoring solutions, which maximize the performance and availability of applications and databases while simplifying management
• KACE endpoint systems management appliances, which enable customers to provision, manage, secure, and service all network-connected devices
• Statistica, an award-winning advanced and predictive analytics software platform
• Rapid Recovery, which enables customers to protect systems, applications and data across physical, virtual and cloud environments

Quest is led by chairman and chief executive officer Jeff Hawn, who brings more than 15 years of experience as a software company executive. Previously, Hawn was chairman and CEO of Vertafore, a software provider for the insurance industry, and prior to that was chairman and CEO of the Attachmate Group, a provider of identity and infrastructure enterprise software.