Blackstone to Buy U.K. Software Developer Civica

The buyout firm placed its second multibillion-dollar bet in Europe in as many days, in a sign that private-equity deal making in the region is picking up.

Date:
Link:	Read more at "The Wall Street Journal"
Tag:	United Kingdom

Save story

Topics

Blackstone is in advanced talks to buy Civica in a deal valuing the U.K.-based software developer at close to $2.5 billion including debt, according to people familiar with the matter.

Blackstone is in advanced talks to buy Civica in a deal valuing the U.K.-based software developer at close to $2.5 billion including debt, according to people familiar with the matter.
Nov. 22, 2023 - online.wsj.com - WSJ.com: World News
MarketWatch First Take: Unity Software has a fleeting moment to win back developers — and investors

Jim Whitehurst, the recently named interim chief executive of Unity Software, has a brief window of time to restore trust between the troubled gaming development company, its investors and developers.
Nov. 10, 2023 - marketwatch.com - MarketWatch.com - Top Stories
Blackstone to Buy Rover Group for $2.3 Billion

Rover Group has agreed to be acquired by private-equity firm Blackstone in a deal that values the online pet-care marketplace at about $2.3 billion.
Nov. 29, 2023 - online.wsj.com - WSJ.com: World News
Permira and Blackstone lead €14bn bid to buy eBay-backed Adevinta

Plan to delist Norwegian online classifieds company would be second-biggest buyout this year
Nov. 21, 2023 - ft.com - UK homepage
A U.K. regulator found Adobe's planned $20 billion acquisition of Figma would likely harm innovation for software used by the vast majority of U.K. digital designers.

A U.K. regulator found Adobe’s planned $20 billion acquisition of Figma would likely harm innovation for software used by the vast majority of U.K. digital designers.
Nov. 29, 2023 - online.wsj.com - WSJ.com: World News - United Kingdom
UK geothermal developer seeks £600mn to expand into lithium in Cornwall

GEL joins race to cash in on region’s mining revival
Nov. 14, 2023 - ft.com - World - United Kingdom
Hedge fund Muddy Waters shorts Blackstone mortgage trust

Private equity firm rebuts short seller’s warning about ‘a lot of rot in its book’
4 hr ago - ft.com - UK homepage - Mortgage
Blackstone Raises $2.6 Billion for Real-Estate Secondaries Deals

The firm’s latest fundraising program is around 30% larger than a predecessor, which wrapped up in 2020.
Nov. 30, 2023 - online.wsj.com - WSJ.com: World News
Blackstone acquires pet care app Rover in $2.3 billion all-cash deal

Private equity giant Blackstone will acquire the pet care app Rover in an all-cash deal valued at $2.3 billion, the companies announced Wednesday
Nov. 29, 2023 - abcnews.go.com - ABC News: Top Stories
Blackstone acquires pet care app Rover in $2.3 billion all-cash deal

Private equity giant Blackstone will acquire the pet care app Rover in an all-cash deal valued at $2.3 billion, the companies announced Wednesday
Nov. 29, 2023 - abcnews.go.com - ABC News: Technology
Blackstone to shut multi-strategy fund after assets fall 90%

Fund suffers £1.5bn fall in assets since end of 2019 as performance lags
Nov. 21, 2023 - ft.com - UK homepage
Blackstone borrows to boost lending power of $52bn credit fund

Private equity firm raises funds through collateralised loan obligation secured by its portfolio
Nov. 16, 2023 - ft.com - UK homepage
Garcia's Take: Blackstone Pursues a 'Broad' Clean-Energy Strategy

The firm avoids crowded wind and solar segments to focus on equipment suppliers, software makers and consultants.
Nov. 14, 2023 - online.wsj.com - WSJ.com: World News
Earnings Results: C3.ai’s stock drops as AI software company misses on top line

C3.ai came up shy on the top line for its latest quarter, and its shares were falling in Wednesday's after-market activity.
2 hr ago - marketwatch.com - MarketWatch.com - Top Stories
Financial-software company Bill lays off 15% of its workforce

Financial-software company Bill Holdings Inc. announced Tuesday it will lay off 15% of its workforce in an effort to "rightsize" the organization.
22 hr ago - marketwatch.com - MarketWatch.com - Top Stories
SoftBank Corp. to Invest in Software Provider for Connected Vehicles

The mobile unit of Japanese technology investor SoftBank Group plans to take a 51% equity stake in Cubic Telecom.
Dec. 5, 2023 - online.wsj.com - WSJ.com: World News
IBM advances Quantum Computing ambitions with generative AI power for software development

IBM announced that its Quantum System Two architecture, which is powered by three IBM Quantum Heron processors has begun operations.
Dec. 4, 2023 - venturebeat.com - VentureBeat
Open Text to Sell AMC Business to Rocket Software for $2.28 Billion in Cash

Open Text said the deal allows it to focus on the cloud and artificial intelligence.
Nov. 28, 2023 - online.wsj.com - WSJ.com: World News
Open Text to Sell AMC Business to Rocket Software for $2.28 Billion in Cash

Open Text said the deal allows it to focus on the cloud and artificial intelligence.
Nov. 28, 2023 - online.wsj.com - WSJ.com: WSJD
Software snags delay German Puma fighting vehicle upgrades

Nov. 28, 2023 - yahoo.com - Yahoo News - Latest News & Headlines - Germany
Federal agency renews call for speed limit software in new cars

This is the second such recommendation in six years,
Nov. 28, 2023 - thehill.com - Just In News | The Hill
Hololight raises $12M for XR streaming software

Hololight, a software maker focused on AR and VR enterprise solutions, has raised $12 million in funding for its XR streaming software.
Nov. 28, 2023 - venturebeat.com - VentureBeat
PSG Equity Backs Emissions-Gauging Software Maker One Click

The company’s programs help manufacturers and construction companies measure their carbon footprints.
Nov. 28, 2023 - online.wsj.com - WSJ.com: World News
Ukraine sacks top cybersecurity officials in corruption probe involving software purchases

Ukrainian officials say two top civilian cybersecurity officials have been fired on corruption allegations involving software purchases from 2020-2022
Nov. 20, 2023 - abcnews.go.com - ABC News: Technology - Ukraine
Australian stock exchange picks India's TCS to rebuild software after earlier flop

Nov. 19, 2023 - yahoo.com - Yahoo News - Latest News & Headlines

Blackstone to Buy U.K. Software Developer Civica

Topics

Related stories

Filter

Blackstone is in advanced talks to buy Civica in a deal valuing the U.K.-based software developer at close to $2.5 billion including debt, according to people familiar with the matter.

MarketWatch First Take: Unity Software has a fleeting moment to win back developers — and investors

Blackstone to Buy Rover Group for $2.3 Billion

Permira and Blackstone lead €14bn bid to buy eBay-backed Adevinta

A U.K. regulator found Adobe's planned $20 billion acquisition of Figma would likely harm innovation for software used by the vast majority of U.K. digital designers.

UK geothermal developer seeks £600mn to expand into lithium in Cornwall

Hedge fund Muddy Waters shorts Blackstone mortgage trust

Blackstone Raises $2.6 Billion for Real-Estate Secondaries Deals

Blackstone acquires pet care app Rover in $2.3 billion all-cash deal

Blackstone acquires pet care app Rover in $2.3 billion all-cash deal

Blackstone to shut multi-strategy fund after assets fall 90%

Blackstone borrows to boost lending power of $52bn credit fund

Garcia's Take: Blackstone Pursues a 'Broad' Clean-Energy Strategy

Earnings Results: C3.ai’s stock drops as AI software company misses on top line

Financial-software company Bill lays off 15% of its workforce

SoftBank Corp. to Invest in Software Provider for Connected Vehicles

IBM advances Quantum Computing ambitions with generative AI power for software development

Open Text to Sell AMC Business to Rocket Software for $2.28 Billion in Cash

Open Text to Sell AMC Business to Rocket Software for $2.28 Billion in Cash

Software snags delay German Puma fighting vehicle upgrades

Federal agency renews call for speed limit software in new cars

Hololight raises $12M for XR streaming software

PSG Equity Backs Emissions-Gauging Software Maker One Click

Ukraine sacks top cybersecurity officials in corruption probe involving software purchases

Australian stock exchange picks India's TCS to rebuild software after earlier flop