Genstar Capital Is Investing In insightsoftware

By Noah Long ● August 16, 2019
  • Leading private equity firm Genstar Capital announced it is investing in enterprise resource planning and enterprise performance management company insightsoftware

Genstar Capital — a leading private equity firm that is focused on investments in targeted segments of the financial services, healthcare, industrial technology, and software industries — announced it has made an investment in insightsoftware. Insightsoftware is a market leader in enterprise resource planning (ERP) and enterprise performance management (EPM) reporting software.

“We are fortunate to attract this level of investment and attention so early into our company’s formation,” said Michael S. Lipps — the CEO of insightsoftware. “Genstar’s capital infusion validates the growth strategy we embarked upon with TA Associates in 2018, the capabilities of our team, and the value we deliver for our customers and ERP partners every day.”

insightsoftware’s solutions complement ERP and EPM systems by enabling real-time automated reporting, data syncing, and analytics for hundreds of scenarios. And with pre-populated templates deployed via the web or Microsoft Excel, users can be up and running in days rather than months thus driving better business outcomes.


“Mike Lipps and his team at insightsoftware have built a great company with impressive momentum and future growth potential. The company’s products deliver compelling value to customers with immediate ROI for operational and financial reporting. With Genstar’s investment, we will help the company extend its leadership in reporting while enabling new avenues for growth, including global expansion,” added Genstar managing director Eli Weiss.

insightsoftware’s financial reporting solutions are easy to install, use, analyze, and trust. And it has one of the highest customer satisfaction rates in the industry with more than 375,000 customers worldwide.

“This first year has been exciting and we are proud of the tremendous progress and growth achieved. We look forward to continuing our investment alongside Genstar Capital, helping insightsoftware expand into new geographic regions, including EMEA and APAC, and new product categories such as planning and forecasting,” explained TA Associates managing director Hythem El-Nazer.

With direct integrations to more than 140 ERPs and EPMs, insightsoftware is addressing an $8 billion market for financial and operations performance reporting. Based in Raleigh, North Carolina, insightsoftware has more than 450 employees to serve over 375,000 global users. 

“With the formation of insightsoftware, we created a business that could solve the pain of millions of ERP users. With a focus on our ERP partners and cloud reporting, we continue to bolster product adoption. The ST6 team was really impressed with Mike and the management team and having personally worked with both Genstar Capital and TA Associates, I know this complementary partnership will enable us to build the world’s largest provider of ERP and EPM reporting software,” commented Mark Friedman — the Executive Chairman of insightsoftware and Managing Director of ST6.