Private equity firm Luminate Capital Management Inc., also known as Luminate Capital Partners, invested in MSI Data LLC, a Bayside, Wis.-based field services management software provider.
Monetary terms of the deal were not disclosed.
The firm will help MSI Data continue to innovate on product and strengthen its market position, and Hollie Haynes, Mark Pierce and Sanjay Palakshappa of Luminate Capital will join MSI Data's board.
Kirkland & Ellis LLP offered legal counsel to Luminate Capital in connection with the deal, while GrowthPoint Technology Partners provided financial advice to MSI Data.
San Francisco-based Luminate Capital invests in the software and software-enabled services sectors.
