Lansweeper closed a €130 million minority investment by Insight Partners.

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Lansweeper, a Dendermonde, Belgium-based provider of IT Asset Management (ITAM), announced it has closed a €130 million ($157M) minority investment.

The deal was made with the American private equity company Insight Partners, which will join existing investor Dovesco, which acquired the business in 2018.

The investment's proceeds will enable the business to expand its market reach, strengthen its partnerships and alliances and accelerate its product innovation.

Lansweeper, founded in 2004 and led by CEO Dave Goossens, is an IT asset management software provider of a solution that scans and inventories all types of IT devices, installed software and active users on a network - allowing organizations to centrally manage their IT. Customers minimize risks and optimize their IT assets by providing actionable insight into their IT infrastructure at all times, offering trustworthy, valuable, and accurate insights about the state of users, devices, and software.

The platform currently discovers and monitors around 100 million connected devices from 25,000+ customers, including Mercedes, FC Barcelona, Michelin, Sony, Carlsberg, Nestlé, IBM, Maersk and Samsung to governments, banks, NGOs, and universities, driven by its 150+ strong teams in Belgium, Spain, Italy, Ireland, UK and the USA.

Lansweeper is profitable and employs more than 150 people in offices across Europe and the United States.

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