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New Deal


Announced

Blackstone Group to acquire Civica from Partners Group.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Cross Border

Majority

Private

Pending

Friendly

Single Bidder

Software

technology

software

apps

saas

United Kingdom

Private Equity

Synopsis

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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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