Announced
Financials
Tags
it services
United Kingdom
IT Services: Other
Acquisition
Cross Border
Majority
Public
Private Equity
Pending
Friendly
Single Bidder
Synopsis
Symphony Technology Group, an American private equity firm, agreed to acquire Gresham Technologies, a mission-critical software and automation solutions provider, for £147m. "We couldn't be more excited about bringing together two leading financial technology providers and leveraging the respective strengths of each company to drive greater value for our combined customers. By combining Gresham with Alveo we will create a capital markets data management specialist that offers clients greater scale and a range of solutions to facilitate their business processes. We look forward to welcoming Gresham to the STG family," Marc Bala, STG Partners Managing Director.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.