GTCR to invest $1.33bn in Insight Partners-backed Tricentis

Tricentis is a Texas-based software testing company.

  • The deal values the company at $4.5bn
  • Insight acquired majority stake in Tricentis in 2017
  • Tricentis expects over $425m in ARR in 2024

GTCR has agreed to make a $1.33 billion minority investment in Insight Partners portfolio company Tricentis, a continuous testing and quality engineering company. The deal values the company at $4.5

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