April 24 (Bloomberg) — Warburg Pincus LLC, the private-equity firm where former Treasury Secretary Tim Geithner is president, agreed to invest as much as $100 million in executive-compensation database PayScale Inc.

Warburg Pincus will take a majority stake in the Seattle-based company, according to a statement today. PayScale said it will use the money to expand its database, which has more than 40 million salary profiles, as well as to hire more developers and salespeople.

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