SPECTRUM EQUITY

RapidRatings Announces $200 Million Growth Investment Led by Spectrum Equity, 22C Capital

Retrieved on: 
Monday, February 14, 2022

RapidRatings (The Company), the leading provider of financial health data and analytics, today announced that it received a $200 million strategic investment led by Spectrum Equity , a leading growth equity firm focused on software and data services companies, along with 22C Capital.

Key Points: 
  • RapidRatings (The Company), the leading provider of financial health data and analytics, today announced that it received a $200 million strategic investment led by Spectrum Equity , a leading growth equity firm focused on software and data services companies, along with 22C Capital.
  • FTV Capital, which led a $30 million investment in RapidRatings in 2018, will remain on the board and continue to support the company as an investor.
  • Latham & Watkins LLP acted as legal advisors to Spectrum Equity and Sidley Austin LLP acted as legal advisors to 22C Capital.
  • Spectrum Equity is a leading growth equity firm providing capital and strategic support to innovative companies in the information economy.

PresenceLearning Acquires Global Teletherapy and Propels Next Phase of Growth with Majority Investment from Spectrum Equity and TPG’s Rise Fund

Retrieved on: 
Wednesday, December 8, 2021

The company has acquired Global Teletherapy , the leading teletherapy service provider to virtual K-12 schools, and has signed a definitive agreement for Spectrum Equity, a leading growth equity firm, and The Rise Fund, TPGs multi-sector global impact investing strategy, to acquire a majority stake in the company.

Key Points: 
  • The company has acquired Global Teletherapy , the leading teletherapy service provider to virtual K-12 schools, and has signed a definitive agreement for Spectrum Equity, a leading growth equity firm, and The Rise Fund, TPGs multi-sector global impact investing strategy, to acquire a majority stake in the company.
  • Together with this new team of investors, PresenceLearning will invest heavily in its next phase of growth.
  • Choate Hall & Stewart LLP provided legal counsel to Spectrum Equity and Gibson, Dunn & Crutcher LLP provided legal counsel to The Rise Fund.
  • Spectrum Equity is a leading growth equity firm providing capital and strategic support to innovative companies in the information economy.

Tenstreet Announces Majority Growth Investment From Providence Equity Partners

Retrieved on: 
Monday, October 4, 2021

Tenstreet, a leading provider of driver recruiting software and workflow solutions for the trucking industry, today announced the completion of a majority investment from funds advised by Providence Equity Partners (Providence), a leading private equity firm.

Key Points: 
  • Tenstreet, a leading provider of driver recruiting software and workflow solutions for the trucking industry, today announced the completion of a majority investment from funds advised by Providence Equity Partners (Providence), a leading private equity firm.
  • The investment will aim to accelerate growth in Tenstreets team and product portfolio as well as increase Tenstreets capacity for strategic acquisitions.
  • Providence Equity Partners is a premier global private equity firm with approximately $45 billion in aggregate capital commitments.
  • Spectrum Equity is a leading growth equity firm providing capital and strategic support to innovative companies in the information economy.