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Announced

Completed

Insight Partners completed an $76m investment in Zone & Co.

Financials

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Transaction Value£62m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

billing software

Completed

Private Equity

Minority

United States

Private

Single Bidder

Domestic

Friendly

Software

Synopsis

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Insight Partners, a private equity and venture capital firm, completed an $76m investment in Zone & Co, a solution provider and suitecloud developer. "Insight was impressed by Zone & Co's ability to solve complex challenges faced by NetSuite businesses who need to deliver solutions rapidly, especially in this unprecedented time of uncertainty. Zone's mastery of developing agile, scalable software using NetSuite as a platform is unmatched in the market. Not only are we excited about the potential of Zone & Co to disrupt the lead-to-revenue software industry, but also the company's unique capability to expand the NetSuite ecosystem with innovative products like ZoneBilling," John True, Insight Partners Operating Partner.

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