Announced
Financials
Tags
Minority
Pending
Software
software development
Private Equity
Friendly
Acquisition
Cross Border
Private
United States
Single Bidder
Synopsis
Partners Group, a private equity firm, agreed to invest in Idera, a software company that provides systems and application management software for Microsoft Windows and Linux servers. Financial terms were not disclosed. "Since partnering with TA in 2014, we devoted ourselves to achieving results beneficial to shareholders, customers, and employees. Our business model ensures we focus on customer priorities and attracts great investors who advise our innovations and support our belief that accepting and managing risk encourages creativity and confidence from our team. I am honored to lead such a great company and look forward to continuing our success with Partners Group and our other investors," Randy Jacops, Idera CEO.
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