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...
Venture capital firms originally invested in the company in 2011 and 2014 respectively
Fund manager Quaestus exits its stake in the Croatian business after an eight-year holding period
Proposed deal for the aluminium profiles manufacturer comes just two years after Advent's acquisition
Deal marks first investment by small-cap buyout fund Crescendo, which held a €42m first close this year