Private equity firm Insight Partners explores Tricentis software company sale for over $4B.

Private equity firm Insight Partners is exploring the sale of software company Tricentis, potentially valued at over $4 billion. Based in Austin, Texas, Tricentis automates software testing using AI and serves over 2,500 clients, including Accenture and Coca-Cola. The company is projected to see a 24% revenue growth by 2025. Insight Partners, which invested in Tricentis in 2017, is working with Evercore to attract buyers but may retain a minority stake.