Vitruvian Partners and Lead Edge Capital to acquire a majority stake in Azul Systems for $340m.

Private equity firms Vitruvian Partners and Lead Edge Capital are set to acquire a majority stake in Azul Systems, a software services provider for $340m. “We’re extremely proud of the company we’ve built and the culture of excellence we’ve created. This partnership with Vitruvian will help fuel our growth initiatives and enable us to catapult Azul to a new level of presence in the community and the market overall,” Scott Sellers, Azul Systems co-founder, President and CEO.