Milana Vinn
The deal with CD&R comes shortly after KKR extracted $610 million in a $2.8 dividend recap to its shareholders, the firm's John Park told PE Hub.
Shea & Co, a Boston-based boutique investment bank specializing in software M&A, is advising the company on its sale.
StepStone files to go public and CalPERS board member is demanding a pause on PE investments.
The new capital injection, the majority coming from Hg, will support Sovos in adding more capabilities, accelerating its existing double-digit growth through additional M&A.
PE-driven tech M&A will be in full swing after Labor Day and KKR-backed Epicore Software is back in the market.
This summer, KKR completed a dividend recap for the software company with a portability debt feature, sources told PE Hub.
The migration to at-home work, learning and e-commerce is creating
opportunity for technology investors.
TA sees opportunity to grow Ivanti to $1.5bn in revenue over the next five years, one person said.
The remote-everything environment has sped up the trend of digitization and automation in general, and specifically the adoption of electronic corporate bond trading, TPG’s John Flynn told PE Hub.
PE-backed Waystar will acquire Francisco Partners-backed eSolutions and the healthcare and tech sector has kept apace during the downturn