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Announced

SQN Investors to acquire the remaining 86.4% stake in Bigtincan for $442m.

Synopsis

SQN Investors, an equity investment adviser, agreed to acquire the remaining 86.4% stake in Bigtincan, a sales performance software company, for $442m. "SQN has indicated that it aims to fund the Indicative Proposal by a combination of equity by SQN and its affiliates, and possibly debt financing, although it does not currently have binding commitments in that regard. SQN have not been provided due diligence access at this time," Bigtincan.

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