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Announced

CD&R to acquire a majority stake in Presidio from BC Partners.

Synopsis

CD&R, a private equity firm, agreed to acquire a majority stake in Presidio, a technology services and solutions provider, from BC Partners, a private equity investment firm. Financial terms were not disclosed. “I would like to thank BC Partners for their true partnership, as we expanded our offerings as a leading technology services and solutions provider. We are well positioned for the future and look forward to working closely with our investors as we advance our business strategy,” Bob Cagnazzi, Presidio CEO.

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