Falfurrias Growth Partners completed the investment in NPI.

Falfurrias Growth Partners, a Charlotte-based private equity fund focused on growth-oriented, middle-market businesses, completed the investment in NPI, a provider of data-driven IT procurement solutions for large enterprises. Financial terms were not disclosed. "Today, we proudly support some of the world's most recognized brands in their pursuit of IT cost governance and procurement excellence," said Winsett. "In partnership with Falfurrias, our ongoing mission is not just to scale up but to be pioneers in enterprise IT procurement. This year, we're poised to launch groundbreaking AI-powered technology that is purpose-built for IT procurement practitioners to streamline the IT purchase negotiation process and secure world-class deal outcomes with unparalleled ease, speed, and confidence," Jon Winsett,NPI Founder and CEO.