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Announced

Insight Partners to acquire CivicPlus from BV Investment Partners for $290m.

Synopsis

Insight Partners, a global venture capital and private equity firm, agreed to acquire CivicPlus, a provider of integrated software solutions for local governments, from BV Investment Partners, a middle-market private equity firm, for $290m. "Insight Partners is dedicated to high-growth software companies. They have extensive expertise and have successfully supported many technology innovators on the brink of revolutionizing user experiences. Insight understands the fundamental changes in the relationship between local governments and their citizens, and they value our vision of enabling civic leaders to optimize that relationship," Brian Rempe, CivicPlus CEO.

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