30 posts and columns on Insight Venture Partners
Software company BMC has agreed to be acquired by a group of four private equity firms. Together, Bain Capital, Golden Gate Capital, GIC Special Investments and Insight Venture Partners have offered to take BMC private at $46.25 a share, a deal that values the company at $6.9 billion, which amounts to a premium of less than 2 percent over BMC’s closing share price on Friday.
News Byte$53 million investment in SR Labs, a company that builds high-performance electronic trading platforms. Founded in 2007, SR Labs serves clients that include hedge funds and investment banks, including Credit Suisse and J.P. Morgan. Its specialty is data gathering and trade execution. Deven Parekh, managing director at Insight, and Martin Angert, a principal at the firm, will join SR Labs’ board of directors as part of the deal.
News ByteUdemy, the marketplace for on-demand online courses, has attracted $12 million in Series B funding led by Insight Venture Partners and including Lightbank and MHS Capital. The San Francisco-based company says it has 5,000 courses and 500,000 students, with instructors collectively earning millions of dollars.