Levine Leichtman Capital Partners has bought agribusiness workflow and data services provider AGDATA from Vista Equity Partners.
AGDATA is the second platform investment by LLCP Lower Middle Market Fund III, which it closed on its increased hard cap of $1.38bn last year.
Vista was almost halfway to its $20bn target for its latest flagship buyout fundraise in May according to a Bloomberg report from the time, which said the firm had collected over $9bn.
The firm raised $16bn for its flagship Vista Equity Partners Fund VII in 2019.
Read more: AltAssets
