Insight Partners and TA Associates to invest in Aptean.

Insight Partners, a venture capital and private equity firm, and TA Associates, a private equity firm, agreed to invest in Aptean, a provider of enterprise resource planning software. Charlesbank Capital will continue as a shareholder, while Vista Equity Partners will fully exit its stake in the company. Financial terms were not disclosed. “We are excited to partner with Insight and leverage the firm’s significant experience investing in software companies to advance Aptean’s growth journey. Insight’s investment and TA’s recommitment demonstrate enduring confidence in our strategy and results. Together we will aim to accelerate the market success of our cloud-based solutions, as well as other organic and inorganic growth initiatives, to continue meeting the mission-critical needs of prospects and customers," TVN Reddy, Aptean CEO.