Announced
Financials
Sources
Tags
Pending
Domestic
Acquisition
Private Equity
Single Bidder
internet solutions
Software
United States
Friendly
Majority
Public
Privatisation
Synopsis
Centre Lane Partners, a private investment firm, agreed to acquire Synacor, a provider of cloud-based collaboration and Identity management software, for $92m. “Our Board of Directors has thoroughly and carefully considered our alternatives and believes the Centre Lane proposal is the best path forward for the company. The Synacor team looks forward to working with Centre Lane to scale the business and deepen our value proposition to customers,” Himesh Bhise, Synacor Chief Executive Officer.
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