TA Associates Enters Negotiations for Majority Investment in DL Software
TA Associates, a global growth private equity firm, today announced that it has entered exclusive negotiations to make a majority growth investment in
DL Software, a France-based group of enterprise resource planning software providers. Current DL Software majority shareholder
21 Invest France, as well as company founders and management, would each retain a stake in the business following TA’s investment. The envisaged transaction, which is currently under review by representatives of the company’s employees, is expected to close in the second quarter of 2021, subject to customary approvals.
“DL Software has become a leading B2B software player in France through a longstanding strategy of acquiring and growing highly-verticalized ERP vendors,” said
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TA Associates Enters Exclusive Negotiations for Majority Growth Investment in DL Software
February 8, 2021 GMT
TA Associates Enters Exclusive Negotiations for Majority Growth Investment in DL Software
BOSTON & PARIS (BUSINESS WIRE) Feb 8, 2021
TA Associates, a leading global growth private equity firm, today announced that it has entered exclusive negotiations to make a majority growth investment in DL Software, a leading France-based group of enterprise resource planning (ERP) software providers. Current DL Software majority shareholder 21 Invest France, as well as company founders and management, would each retain a stake in the business following TA’s investment. The envisaged transaction, which is currently under review by representatives of the company’s employees, is expected to close in the second quarter of 2021, subject to customary approvals. Financial terms were not disc