Announced
Financials
Tags
Acquisition
Cross Border
Majority
Private
Pending
Friendly
Single Bidder
Software
technology
software
apps
saas
United Kingdom
Private Equity
Synopsis
Blackstone Group, an American alternative investment management company, agreed to acquire Civica, a provider of cloud software solutions, from Partners Group, a private equity firm. Financial terms were not disclosed. “At Civica, our aspiration is to be a ‘GovTech’ champion, providing software that supports the needs of citizens and those that serve them. In partnership with Partners Group, we have significantly transformed our offering and increased growth momentum across cloud, digital enablement, software innovation, and data analytics. We have also cemented our position as an innovation leader. We now have over two decades of growth to build on and look forward to the next phase of our journey,” Lee Perkins, Civica CEO.
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