Announced
Completed
Financials
Tags
Single Bidder
Minority
Acquisition
Completed
delivery and deployment
Cross Border
Private Equity
Australia
Private
E-commerce
Friendly
Synopsis
Insight Partners, a global software investor, completed the acquisition of the minority stake in Octopus Deploy, a Brisbane-based continuous delivery and deployment automation company, for $173m. "When I started Octopus, I was obsessed with deployments and making software releases easier for teams. I was a huge believer in the power of Continuous Integration and Continuous Delivery, but frustrated that so much of CD in the wild ended with code that compiled and passed unit tests, but wasn't deployed anywhere", Paul Stovell, Octopus Deploy Founder and CEO.
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