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...
Apax France acquired a majority stake in the group in March 2016
21 Partners had acquired a 75% stake in the recreational vehicles group in 2008
Settlement also relates to allegations related to a partner's expenses
unquote" lists the five largest buyouts to have taken place so far this summer across Europe