I wish we could move past using the term "lifestyle-business", it's basically a slur in my mind.

Sift Finance & Vista Equity Partners as well

This Vista (1)? With the 100 point post acquisition operating plan and intelligence tests? Maybe lifestyle means different things...

“ Billionaire’s Secret Buyout Formula: 110 Instructions and an Intelligence Test

Robert Smith’s private-equity firm revamps software companies by following detailed protocols; ‘their process is like a factory’”

https://www.wsj.com/articles/billionaires-secret-buyout-form...