Insight Partners Sells Majority Stake in LeanTaaS to Bain Capital

July 14, 2022

Willkie advised Insight Partners and portfolio company LeanTaaS on the transaction.

Willkie client LeanTaaS Holdings, Inc., a leading provider of cloud software solutions for optimizing hospital operations and capacity management, recently announced that Bain Capital Private Equity acquired a majority stake in the company from Insight Partners and Goldman Sachs Asset Management.

The transaction, announced June 6, includes a significant growth capital commitment from Bain Capital that is expected to enable LeanTaaS to accelerate its rapid growth trajectory and market-leading suite of cloud software solutions. Insight Partners and Goldman Sachs each retain a material stake in LeanTaaS.

Willkie previously represented Insight Partners in its investments in LeanTaaS.

The Willkie team was led by partner Matthew Haddad and included associates Tai Fukumoto and Michael Manopla and law clerk David Ostermann.