Insight Partners Takes Majority Stake in CommerceHub
- Investment values e-commerce provider at $1.9 billion
- GTCR and Sycamore Partners retain minority ownership
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Investment firm Insight Partners has acquired a majority stake in CommerceHub in a deal valuing it at $1.9 billion, according to the e-commerce company.
Insight bought part of the stakes in CommerceHub that were owned by private equity firms GTCR and Sycamore Partners, which will remain investors.