PE firm Insight Partners invests $290M for a majority stake in CivicPlus, which provides software and other technology to more than 4,000 municipal governments

firm insight 290m civicplusdome

firm insight 290m civicplusdome

A Manhattan software business owner says a multimillion-dollar investment into the company will not change the company’s makeup.

Owner Ward Morgan of CivicPlus told The Mercury on Friday that the company, which offers cloud-based software for local governments, has announced a $290 million investment from private equity firm Insight Partners.