Integration platform provider Boomi has appointed David Meredith to the role of CEO, effective 31 January 2022.
COMPANY NEWS: Nintex, the global standard for process management and automation, today announced a definitive agreement to sell a majority stake in the company to TPG Capital, the private equity platform of global alternative asset firm TPG. Across its platforms, TPG has invested in leading software companies including C3 AI, Planview, ThycoticCentrify, WellSky, and Zscaler. Nintex’s current majority investor, Thoma Bravo, a leading software investment firm, plans to make a new equity investment in the company and maintain a significant minority interest. The transaction is expected to be completed by the end of 2021, subject to customary closing conditions.
The Vocus Group board has recommended that its shareholders accept an offer Macquarie’s infrastructure fund and Aware Super to acquire the company at a valuation of $3.5 billion.
The Vocus Group says it has granted Macquarie Infrastructure and Real Assets Holdings and its managed funds access to conduct due diligence with a view to the latter following up on its non-binding, indicative offer to buy all the telco's shares at a price of $5.50 per share.
Swedish private equity firm EQT Infrastructure has ended talks with Vocus Communications over a possible takeover which valued the company at A$3.3 billion, the Australian firm says.
Unified communications vendor Avaya is looking at a leveraged buyout offer from a private equity company with its value, inclusive of debt, being put at about US$5 billion, the news agency Reuters has reported.
TPG Capital may team up with Vocus founder James Spenceley to examine a takeover of the communications company in the event that the equity firm's bid for Fairfax Media does not come off.
Vocus chief executive Geoff Horth and chairman David Spence will host an investors day tomorrow, looking to persuade US private equity firm Kohlberg Kravis Roberts to raise its $2.2 billion bid, or else to attract another buyer.
Love the deckbuilding modes - it's no Slay The Spire but I have a soft spot for the way things[…]
The network sharing & roaming agreement is awesome for both Telstra and Vodafone customers and harkens back to the 3[…]
Not for the first time the High Court has merely highlighted a flaw in one of our long standing laws[…]
I just watched the UK TV series The Undeclared War. It's a fascinating play on the theme of cybersecurity --[…]
Fav class is Mage, Fav deck is anything that uses random spells, I make my own decks I don't net[…]