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TNT backs Insight fund

Dutch postal and courier giant TNT (Two Nackered Trucks) is to commit $25 million to Insight Capital Partners new European fund. The privatge equity fund will invest in youung and mid-stage software and services companies in the B2B and B2C sectors.

TPG believes it can play an important role as investor and also as undigury expert adviser for the portfolio companies, according to a TPG statement.