Oliver Dunne’s Post

Massive software news with Civica being acquired by Blackstone from Partners Group! Transaction Overview: Blackstone's private equity funds are leading the acquisition of Civica. The financial terms of the transaction have not been disclosed. Civica Background: Founded in 2001, Civica has evolved into one of the UK's major software companies. Specializes in providing automated and streamlined technology services to diverse clients, including local and central governments, health and social care providers, and educational institutions. Product Portfolio: Civica offers a comprehensive product portfolio, covering workflow and automation, risk and compliance, workforce management, financial management, and data analytics and insights. Global Presence: Civica serves over 6,000 customers, impacting more than 100 million citizens globally. Operations span across the UK, Ireland, Australia, New Zealand, India, Singapore, the United States, and Canada. Transaction Timeline: The acquisition is projected to conclude in Q2 2024, pending regulatory approvals. Read the article in the comments 👇 #saas #softwareasaservice #technology Camino Search