L Squared Capital Partners and PSG to invest in Lumaverse Technologies.

Private equity firm L Squared Capital Partners and PSG agreed to invest in Lumaverse Technologies, a provider of constituent management and engagement software. Financial terms were not disclosed. "Lumaverse has built a differentiated software platform within an attractive market segment that we believe is poised for strong growth. We are excited to partner with PSG and management to support the company’s next phase of growth. We plan to accelerate the company’s development both organically and through acquisitions to further enhance the value proposition for its large, growing customer base," Adam Kimura, L Squared Partner.