New York-based private equity and investment firm Insight Partners will acquire a minority stake in Aptean.
Financial details on the deal were not disclosed but the minority stake would value the company at about $3.55 billion, according to a source familiar with the matter.
Charlesbank Capital Partners, a private investment firm that joined TA Associates and Vista Equity as stakeholder in 2020, will continue to be a shareholder, Aptean said.
Read more: Reuters
