Announced

Insight Partners to invest $350m in IAD Group.

Synopsis

Insight Partners, a private equity firm, agreed to invest $350m in IAD Group, a real estate agents network, joining investors IK Investment Partners, Five Arrows Principal Investments and Naxicap Partners. "Insight has invested in new, disruptive businesses in the broader real estate ecosystem and we are excited to welcome iad to that group. This experience combined with our ScaleUp operational focus will help iad continue to grow and expand its footprint both within and outside France," Deven Parekh, Insight Partners Managing Director.

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