Oct 10 (Reuters) - New York-based private equity and venture capital firm Insight Partners will acquire a minority stake in Aptean, the business software firm said on Monday.
Existing investor TA Associates has also invested, Aptean said, making the investment firm its largest shareholder.
Register now for FREE unlimited access to Reuters.com RegisterVista Equity Partners, previously equal partners in Aptean with TA Associates, will fully exit its stake in the company.
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.
The investment firm then merged CDC Software with Consona Corp to form Aptean.