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...
Noble is currently CEO of CDC, and is a former partner at Schroder Ventures (now Permira)
Sale of utility service provider follows an eight-year holding period
New fund is almost double the size of Montefiore III, closed on €240m in 2013
Acquisition will bring IPC's revenues to €200m, up from €170m in 2013