PE Firm TCV Takes Stake In Danish Software Co. SiteCore

Law360, New York (December 5, 2011, 4:02 PM EST) -- Information technology-focused private equity firm Technology Crossover Ventures is taking a significant minority investment in SiteCore, the growing Copenhagen, Denmark-based content management and online marketing software company said Monday.

SiteCore did not disclose the size of the investment, or the percentage of the company Palo Alto, Calif.-based TCV would control as a result of the deal, but said David Yuan, managing partner at the private equity firm, is ticketed for a seat on SiteCore's board of directors.

"We've followed the online marketing sector for several years,...
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