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New Deal


Announced

The Carlyle Group and Vista Equity Partners to acquire Tribute Technology from PSG for $1bn.

Financials

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Transaction Value£769m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Domestic

Software

Private

Private Equity

Pending

Acquisition

Friendly

United States

Majority

Single Bidder

software-as-a-service

Synopsis

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The Carlyle Group and Vista Equity Partners agreed to acquire Tribute Technology, a technology-based funeral arrangement service provider, from Providence Equity Partners for $1bn. Carlyle will become the majority stakeholder and Vista will hold a minority stake in Tribute under the deal that values the company at over $1bn.

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