TCV Acquires Majority Stake in Oversight
September 2, 2020
TCV, a leading growth equity firm, has acquired a majority interest in Oversight from Luminate Capital Partners, with Luminate remaining a minority investor. The investment will support Oversight’s product innovation and expansion of its AI-powered spend management platform for enterprise customers.
- Buyers
- TCV
- Targets
- Oversight
- Sellers
- Luminate Capital Partners
- Industry
- Cloud & SaaS
- Location
- Georgia, United States
- Transaction Type
- Buyout
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