In addition, TCV, a leading supplier of capital to growth-stage private and public corporations within the technology industry, will acquire a minority fairness interest in Avetta. Norwest Venture Partners , a premier multi-stage investment agency that partnered with Avetta in 2012, intends to retain a portion of its funding within the Company, alongside the founders and management. Kiniciti is backed by Welsh, Carson, Anderson & Stowe , a number one private fairness agency investing in healthcare and technology, and Biospring Partners. The transaction offers Kiniciti a management stake in Ncardia to help growth and enhance capabilities spanning discovery to scientific applications to business manufacturing. New York, NY – September 1, 2016 – Welsh, Carson, Anderson & Stowe (the “Firm” or “WCAS”), a non-public fairness agency exclusively focused on expertise and healthcare, acquired a majority stake in Clearwater Analytics (“Clearwater” or the “Company”).
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