Thought Industries, which provides customer training and learning software services, received a strategic growth investment from private equity firm Luminate Capital Partners LP.
In connection with the investment, the financial terms of which were not disclosed, founder and managing partner Hollie Haynes, operating partner Chris Murphy, and partner Sanjay Palakshappa will join the Thought Industries board.
The San Francisco-based private equity firm focuses on investments in enterprise software companies.
AGC was financial adviser to Thought Industries. Kirkland & Ellis LLP was legal adviser to Luminate Capital.
