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New Deal


Announced

Completed

TA Associates to acquire a majority stake in Carlyle-backed SER.

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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Private

Cross Border

Friendly

Private Equity

Germany

Software

software developer

Acquisition

Majority

Completed

Single Bidder

Synopsis

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TA Associates, a private equity firm, agreed to acquire a majority stake in Carlyle-backed SER, an enterprise content management software developer. Financial terms were not disclosed. “We are delighted to welcome TA to SER as an investor and we are proud that they share our perspective on the significant opportunities ahead for our business. SER is revolutionizing the way enterprise content is automated, understood and managed. We have amazing customers, a fantastic team and market leading technology. We have had an outstanding partnership with Carlyle, with incredible support throughout the journey, and we are delighted that TA now joins us to supercharge the next phase of growth," John Bates, SER CEO.

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