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Announced

Completed

TA Associates and Genstar Capital-backed insightsoftware completed the acquisition of Certent from K1 Investment Management.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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United States

Acquisition

Domestic

equity compensation

Private Equity

Completed

Private

Majority

Friendly

saas

Software

Single Bidder

Synopsis

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Private equity firms TA Associates and Genstar Capital-backed insightsoftware, a software company, completed the acquisition of Certent, a software developer, from K1 Investment Management, a private equity firm. Financial terms were not disclosed. "We appreciate K1's support in helping us achieve significant growth and market penetration over the years. Looking back, the journey exceeded all of my expectations. The investments K1 made in me personally and in our team and culture allowed us to build the category leader in equity and disclosure management. We are excited to join forces with insightsoftware and look forward to the next phase of the company's evolution,' Jorge Martin, Certent CEO.

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