Announced
Financials
Sources
Tags
Single Bidder
data analysis
Friendly
United States
Software
Private
predictive analytics
data insights
Acquisition
Private Equity
artificial intelligence
Pending
Majority
Synopsis
Technology Crossover Ventures, a growth equity firm, agreed to acquire a majority stake in Oversight, a provider of spend management technology, from Luminate Capital Partners, a private equity firm. Financial terms were not disclosed. “We are excited by this latest milestone in our company’s trajectory. TCV brings to the table a rich portfolio of growth-stage companies in the technology industry. Their expertise and track record of taking companies to the next level fits perfectly with our vision for Oversight,” Terrence McCrossan, Oversight CEO.
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