Insight Partners and Partners Group are investing in Precisely, a provider of data integrity software. Insight and Partners Group will join Clearlake Capital Group, TA Associates, and Centerbridge Partners as institutional investors in Precisely.
Precisely is a firm focused on data integrity and providing accuracy and context in data for 12,000 customers in more than 100 countries. Precisely provides data integration, data quality, data governance, location intelligence, and data enrichment services to better business decisions.
Insight Partners is a software investor partnering with technology, software, and Internet startup and ScaleUp companies. Partners Group is a private markets firm that has invested over $170 billion in private equity, private real estate, private debt, and private infrastructure on behalf of its clients.
“Precisely has become a leader in the data integrity segment, helping enterprise customers make informed business decisions across verticals including financial services, insurance, healthcare, retail and more,” said Deven Parekh, managing director at Insight Partners. “Insight has a long history with Precisely and is thrilled to be partnering with them again as they continue to leverage their strategic position for organic growth and strategic M&A.”
SVB Securities and Evercore acted as financial advisors to Precisely, and Rothschild & Co. served as the exclusive financial advisor to Insight Partners. Sidley Austin LLP provided legal counsel for Precisely, Willkie Farr & Gallagher LLP provided legal counsel for Insight Partners, Latham & Watkins LLP provided legal counsel for Partners Group, and Kirkland & Ellis LLP provided legal counsel for Clearlake.