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channelnewsasia.com June 06, 2024

Exclusive-healthcare Software Firm Waystar Eyes Pricing Ipo At Midpoint Of Indicated Range - Sources - Cna

NEW YORK :Waystar, a private equity-owned provider of software that helps hospitals and doctors' practices manage their finances, has secured enough investor commitments to plan pricing its initial public offering at the mid-point of its indicated range, people familiar with the matter said on Thursday. The company has seen investor demand that is over ten times the amount it is asking for, two of the sources said.
Read by 75% of LPs

wealthmanagement.com May 23, 2024

Software Firm Envestnet Draws Interest From Advent, Gtcr

Envestnet has been working with a financial advisor to explore sale options. : (Bloomberg) -- Envestnet Inc., a provider of wealth-management software, is drawing takeover interest from buyers including Advent International and GTCR, according to people familiar with the matter. The private equity firms are among suitors that have expressed interest in a deal, said the people, who asked to not be identified discussing confidential information. Berwyn, Pennsylvania-based Envestnet has been working with a financial adviser to explore options, they said.
Read by 42% of LPs

abcnews.go.com May 13, 2024

Software Company Squarespace Being Taken Private By Permira In $6.9B Deal

Software company Squarespace is being taken private in an approximately $6.9 billion all-cash deal with private equity firm Permira. : Software company Squarespace is being taken private in an approximately $6.9 billion all-cash deal with private equity firm Permira Software company Squarespace is being taken private in an approximately $6.9 billion all-cash deal with private equity firm Permira. Squarespace Inc. shareholders will receive $44 per share for each share they own. The company, which helps entrepreneus build brands and businesses online, went public in a direct listing two years ago at $50 per share.
Read by 79% of LPs

channelnewsasia.com May 02, 2024

Exclusive-synopsys Nears $2 Billion-plus Software Unit Sale To Buyout Firms, Sources Say - Cna

NEW YORK : A private equity consortium led by Clearlake Capital and Francisco Partners is in advanced talks to acquire the software integrity (SIG) unit of chip designer Synopsys for more than $2 billion, according to people familiar with the matter. Clearlake and Francisco Partners prevailed over other buyout firms that were vying for the business, the sources said. If the talks conclude successfully, a deal could be announced as early as next week, the sources added, requesting anonymity because the discussions are confidential. Synopsys and Francisco Partners did not immediately respond to requests for comment.
Read by 65% of LPs

marketscreener.com May 02, 2024

Synopsys Nears $2 Billion-plus Software Unit Sale To Buyout Firms, Sources Say

(marketscreener.com) A private equity consortium led by Clearlake Capital and Francisco Partners is in advanced talks to acquire the software integrity unit of chip designer Synopsys for more than $2 billion, according to people familiar with the matter. Clearlake and Francisco Partners prevailed over other buyout firms that were vying for the business,...https://www.marketscreener.com/quote/stock/SYNOPSYS-INC-4908/news/Synopsys-nears-2-billion-plus-software-unit-sale-to-buyout-firms-sources-say-46609014/?utm_medium=RSS&utm_content=20240502.
Read by 51% of LPs

finextra.com April 11, 2024

Pe Software Startup Raises £11M

Pactio, a UK-based fintech focused on the private equity (PE) market has completed an £11m series A funding round. : Pactio, a UK-based fintech focused on the private equity (PE) market has completed an £11m series A funding round The London-based startup was formed in 2021 and provides deal track and risk management software to private capital investors.
Read by 52% of LPs

seekingalpha.com April 09, 2024

Growth Vs. Profitability In Software - Critical Context For Valuations | Seeking Alpha

When we speak with investors, the question of valuation is probably the most popular point that tends to come up. This is particularly true when we are discussing technology-oriented topics. People appreciate paradigms - in a world where it is uncomfortable that we actually do not know what will happen, if we can relate what might happen to a prior paradigm, this gives us greater comfort.
Read by 63% of LPs

inc42.com April 08, 2024

Us-based Stg Acquires Eka Software, Merges It With Quor

The US-based private equity firm Symphony Technology Group (STG) has acquired Bengaluru-based commodities trade and risk management (CTRM) software company…
Read by 78% of LPs

channelnewsasia.com April 05, 2024

Exclusive-israeli Insurance Software Maker Sapiens Explores Sale, Sources Say - Cna

:Sapiens International, an Israel-headquartered insurance software firm with a market value of nearly $2 billion, is exploring options that include a potential sale, according to people familiar with the matter. Sapiens is working with investment bank William Blair to gauge interest from potential buyers that could include private equity firms, the sources said. Sapiens started exploring a sale after attracting takeover interest last summer and put its plans on hold after the conflict between Israel and Hamas rocked the region, one of the sources said. Sapiens revived its efforts to sell itself a few weeks ago, according to the sources.
Read by 67% of LPs

channelnewsasia.com April 02, 2024

Private Equity Firm Eqt Agrees To Buy Software Maker Avetta From Welsh Carson - Cna

:Private equity firm EQT said on Tuesday it has agreed to buy compliance software maker Avetta from Welsh, Carson, Anderson & Stowe (WCAS). Reuters reported on Monday citing sources that EQT had prevailed in a sale process run by Avetta's owner Welsh Carson, valuing the company at roughly $3 billion, including debt.
Read by 45% of LPs