Announced
Financials
Tags
United States
simulation software
Majority
Private Equity
software development
Domestic
Friendly
Single Bidder
Acquisition
Private
Software
Pending
Synopsis
Insight Partners, a New York-based global private equity and venture capital firm, agreed to invest in Gamma Technologies, a provider of integrated multi-physics system simulation software. Financial terms were not disclosed. "GT is the clear leader in multi-scale, multi-physics simulation software and offers the most technically advanced tools for modern simulation challenges, including in emerging domains like electric and electrified vehicles. We are excited to invest in GT at this moment in their growth and look forward to partnering with TA and Cove Hill as GT continues its path of industry-leading innovation," Henry Frankievich, Insight Partners Principal.
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