Global private equity firm Francisco Partners has reached agreement on the take-private acquisition of London listed technology company Cybit Holdings plc, in a deal valuing the business at almost £23m.
The 75 pence per share cash offer represents a premium of approximately 108.3% on the closing price of 36 pence per share on 9 December, the last day prior to the commencement of the offer period. Huntingdon-based...
Palero Capital has sold Heidrive to US drive technology company Allied Motion
Exit comes almost eight years after both GPs bought a joint 40% stake in the business
Fundraising partner Johansen leaves one week after CEO Tim Jones unexpectedly stepped down from his role
Both GPs are understood to have secured a joint controlling stake in the dubbing specialist