Blackstone acquires Cvent in $4.6bn transaction

Blackstone acquires Cvent in $4.6bn transaction

In a transaction which takes the company private, event-software provider Cvent is to be acquired by Blackstone for approximately $4.6bn. Under the terms of the definitive agreement, Cvent stockholders will receive $8.50 per share in cash, representing a premium of 52...
Inflexion sells Mobica in £250m deal for second exit of the year

Inflexion sells Mobica in £250m deal for second exit of the year

Inflexion is pleased to announce it has completed the sale of its investment in Mobica, a global software development and integration services specialist, to Cognizant, a US-based NASDAQ-listed business in a transaction that values Mobica at £250m. The announcement...
STG Partners leads $1.5bn buyout of SurveyMonkey maker Momentive

STG Partners leads $1.5bn buyout of SurveyMonkey maker Momentive

SurveyMonkey owner Momentive Globa on Monday said it would be acquired by a consortium led by private equity firm Symphony Technology Group in an all-cash deal that values the company at about $1.5bn. Shares in the San Mateo, California-based firm, which controls the...
Cinven seeks to take Synlab private again, two years after IPO

Cinven seeks to take Synlab private again, two years after IPO

German laboratory equipment producer Synlab said on Monday that UK private equity firm Cinven had submitted a non-binding offer to fully take over the company at 10 euros per share. “This expression of interest was not coordinated with the Company and it is...