Vista Equity Partners Nears $2.4 Billion Stake Sale in LogicMonitor

Reported about 23 hours ago

Vista Equity Partners is reportedly close to finalizing a deal to sell a minority stake in LogicMonitor Inc., which is valued at approximately $2.4 billion, including debt. The transaction involves an $800 million investment from a group of investors that includes PSG Equity and Golub Capital, while Vista will retain control of LogicMonitor. An announcement could come as early as Wednesday, pending any last-minute issues.

Source: YAHOO

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