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Data Quality Software Market Next Big Thing | Major Giants Syncsort, IBM, SAP SE

Data Quality Software Market Next Big Thing | Major Giants Syncsort, IBM, SAP SE ....

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Two private equity firms take control of U.S. software company Precisely in $3.5 billion deal: source

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(Reuters) - Private equity firms Clearlake Capital Group and TA Associates have acquired control of U.S. software company Precisely from another private equity firm in a $3.5 billion deal, a source familiar with the matter told Reuters.
The seller, Centerbridge Partners, will remain a minority investor, the source said late on Tuesday.
It was not immediately known how much Clearlake and TA Associates will each own in Precisely, nor how the deal will be funded.
The Wall Street Journal had reported earlier that TA Associates and Clearlake, which was already a minority investor in Precisely, had agreed to back Precisely, whose legal name is Syncsort Inc, and become its new owners. ....

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