The company is privately held by top-tier investment firms Francisco Partners and Sequoia Capital, as well as the Data Connection Employee Benefit Trust (EBT), which distributes a share of profit to all employees, equitably rewarding them for their contribution and encouraging long-term commitment. In addition, the company operates an employee stock option plan which further provides ownership incentives to our people.
This structure is designed to balance the need for growth capital with the benefits of an employee-owned corporation. As a result, we are able to pursue a long-term investment strategy, independent of the short-term demands of the public stock market.
Our ownership structure gives enviable long-term stability, and is hugely beneficial to our customers in ensuring they can rely on us to support them throughout their long-term business strategies. In fact, in every one of our markets we are the longest standing independent supplier, and have seen every one of our competitors subject to substantial corporate turmoil.
As a private company with a focus on long-term stability, we are not driven by the short-term requirements of quarterly profit statements. This leaves us free to focus on employee motivation and customer-centric product development and support, which in turn leads to further commercial success.