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New Deal


Announced

TA Associates to invest in IGEL.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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software solutions

Pending

Private Equity

Germany

Minority

Cross Border

Acquisition

Single Bidder

Private

Software

Friendly

Synopsis

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TA Associates, a global growth private equity firm, is set to invest in IGEL, a provider of the next-gen edge OS for cloud workspaces. C. Melchers will maintain a significant equity interest in the company. Financial terms were not disclosed. “IGEL is the market-leading edge operating system, delivering simplicity with manageability, security, and the flexibility that delivers a richness of experience at a time when customers need these capabilities more than ever before. I am pleased to be joining the IGEL Board at such a transformational time for the company and the industry, and to be supporting Jed and the team in accelerating IGEL’s growth," Bill Veghte, IGEL Executive Chairman.

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