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SunGard hires banks for potential IPO: Reuters

SunGard Data Systems Inc has hired investment banks for a potential initial public offering that could value the financial technology company at as much as $10 billion, including debt, Reuters News reported.

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RLPC: SunGard spinoff SunGard Availability preps $1.275B in debt

PE-backed SunGard Availability Services is coming to market with a $1.275 billion credit in connection with its spinoff from SunGard Data Systems, according to a report from Thomson Reuters Loan Pricing Corp. Sungard and the spinoff are principally owned by seven private equity firms, including Bain Capital Partners, The Blackstone Group and Kohlberg Kravis Roberts & Co.

Datatel, Sungard Higher Ed Merger Closes

Hellman & Friedman said Monday that the merger of Datatel and SunGard Higher Education has closed. The new company will have a new name that will be launched during the first half of this year. Until that time, the company will be called “Datatel+SGHE.”

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