The four largest shareholders in Trema, The Carlyle Group, Investcorp, ABS Ventures and Norks Vekst announced the sale of Trema to Wall Street Systems, a portfolio company of Warburg Pincus. Terms of the transaction were not disclosed. Trema is a leading provider of treasury and asset management software to corporations and financial institutions worldwide.
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater