Private Equity
:Recruitment software company iCIMS has raised fresh capital from U.S. private equity firm TA Associates after scrapping plans to go public, its chief executive told Reuters on Thursday. Already backed by private equity firm Vista Equity Partners, iCIMS did not disclose how much it raised from TA Associates. People familiar with the matter said the latest financing valued the company at about $3 billion, including debt. iCIMS CEO Steve Lucas said that as part of the deal, Vista Equity has sold part of its stake to TA Associates, and the two private equity investors now have equal holdings in iCIMS.

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