Private Equity Will PE’s Take-Private Trend Continue in the Tech Sector?Last year plummeting tech company valuations caused an aggressive take-private wave by private equity. What will 2024 bring? January 29, 2024
Technology BlackBerry Cancels Spinoff of Internet-of-Things UnitThe software company also appointed John Giamatteo, who has been president of its cybersecurity business since 2021, as CEO. December 11, 2023
Private Equity Bain Capital Reportedly Explores Options for $5B Rocket SoftwareBain acquired a majority stake in Rocket in 2018 for an enterprise value of roughly $2 billion. October 26, 2023
Technology Thoma Bravo Extends Closing Date on ForgeRock Deal to Forestall Antitrust ReviewAntitrust enforcers are concerned the combined company would have too much control over cybersecurity software used by large enterprises. August 14, 2023
Private Equity Blackstone, Blue Owl Reportedly Among Lenders on $2.65B Private Debt for New Relic DealThe deal is split into a $2.4 billion term loan and a $250 million revolving credit facility. August 1, 2023
Private Equity GTCR Buys Once For All from Warburg PincusOnce For All is a compliance and supply chain management software provider. July 24, 2023
Private Equity Bain Capital Increases SoftwareOne Takeover Offer to $3.7BSoftwareOne advises companies on software purchases and partners with providers such as Amazon Web Services, Adobe and IBM. July 20, 2023
Private Equity Vista Doubles $2B Investment in Apptio Sale to IBMThe deal gives Smith new ammunition as he scours the globe to raise a $20 billion fund for new deals. June 27, 2023