Gross & Co. and Willkie Farr & Gallagher at for Insight Partners in USD 140 million acquisition from Israel’s Fortissimo Capital
Categories: Corporate and M&A, Hi-Tech
Gross & Co. and Willkie Farr & Gallagher represented Insight Partners in the USD 140 million acquisition of the controlling stake in Incredibuild from Israel-based PE firm, Fortissimo Capital.
A significant part of the USD 140 million investment by Insight will acquire shares from Fortissimo and the remainder will be invested in the company to accelerate the expansion of U.S. operations and further propel innovation of the technology.
Incredibuild provides an out-of-the-box platform that harnesses the power of compute to distribute processes across idle power in a network, thereby allowing companies to maintain a competitive edge by releasing better software faster.
Fortissimo bought Incredibuild in 2018.
