PE-backed DiscoverOrg buys RainKing

DiscoverOrg, a portfolio company of TA Associates, has acquired Bethesda, Maryland-based RainKing, a sales intelligence provider. No financial terms were disclosed. DiscoverOrg is also backed by Goldman Sachs BDC, Inc., Antares Capital, NXT Capital, Silicon Valley Bank and Barings. UPDATE: Spectrum Equity was a majority investor in RainKing. Its original investment in RainKing was $67 million.

DealsNorth AmericaUSBriefs