Reported 1 day ago
Thoma Bravo, a private equity firm, is exploring the sale of document processing software provider Apryse, potentially valuing the company at over $3 billion. With interest from various buyers, particularly other private equity firms, the sale process is being guided by Lazard investment bankers. While Thoma Bravo might retain a minority stake post-sale, the final outcome remains uncertain. Apryse, which specializes in document processing technology and has notable clients such as Novartis and Wells Fargo, has achieved significant growth since its acquisition by Thoma Bravo in 2021.
Source: YAHOO