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HomeTechnologyPE firm Insight Partners invests $290M for a majority stake in CivicPlus,...

PE firm Insight Partners invests $290M for a majority stake in CivicPlus, which provides software and other technology to more than 4,000 municipal governments (AJ Dome/Manhattan Mercury)

The PE company, Insight Partners, invested $290 million for the majority stake in CivicPlus, which offers software and other services to over 4,000 municipal authorities (AJ Dome/Manhattan Mercury).

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The PE-owned firm Insight Partners invested $290M for an ownership stake of a majority in CivicPlus, which offers software and other technologies to over four thousand municipal authorities. The Manhattan company’s software manager claims that a multimillion-dollar investment in CivicPlus will not alter the structure of the business.

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