Diversis Capital Partners Invests In Adlib

Los Angeles-based private equity investor Diversis Capital Partners has made a "significant" growth investment in Toronto-based Adlib, a developer of software used for structuring data. Size of that investment was not announced. According to Adlib, the funding will go to accelerate its planned growth initiatives. Adlib's software is used to automate the discovery, classification, extraction, and structure of data from unstructured documents. The company says its customers include B2B brands and Fortune 1000 customers. Diversis invests in software and technology companies, investing in lower middle-market companies.