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Tricentis secured a $1.33 billion investment from GTCR to accelerate growth and innovation in continuous testing and quality engineering.

Nov 26, 2024•10 months ago

Amount Raised

$1.33 Billion

AustinSoftware

Investors

Insight PartnersGtcr

Description

Tricentis announced a definitive agreement with GTCR for a $1.33 billion investment, valuing the company at $4.5 billion. This investment aims to fuel Tricentis' future growth and innovation, with equal representation on the Board of Directors from both GTCR and Insight Partners.

Company Information

Company

Tricentris

Location

Austin, Texas, United States

About

Tricentris is the largest recycling cooperative in Québec. They focus on providing sustainable recycling services across various municipalities. Tricentris aims to innovate and expand recycling efforts while collaborating with local companies. Their commitment to eco-friendly practices makes them a prominent player in the waste management sector.

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Funding Insights

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