Datatel, OpenLink software companies change PE hands (Dealscape

Thoma Bravo LLC is selling education software company Datatel Inc. to Hellman & Friedman LLC for $570 million, quadrupling its original money after roughly 4 ½ years.

The deal is one of two secondary buyouts in the software sector announced Monday that are being partially financed with credit, a positive sign for the badly bruised leveraged buyouts market.

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467 company pages related to Software
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26 articles related to Thoma Bravo LLC
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NOT A SUBSCRIBER? Datatel, OpenLink software companies change PE hands Posted on November 10, 2009 5:00 PM Thoma Bravo LLC is selling education software company Datatel Inc. to Hellman & Friedman LLC for $570 million, quadrupling its original money after roughly 4 ½ years. The deal is one of two secondary buyouts in the software sector announced Monday that are being partially financed with credit, a positive sign for the badly bruised leveraged buyouts market. This is a free content preview. Subscribers enjoy access to all stories in full as well as second-to-none market intelligence. Dig deeper, with Pipeline. 467 company pages related to Software 99 in-depth reports of PE deals in the Technology sector 72 in-depth transaction records for Hellman & Friedman 26 articles related to Thoma Bravo LLC 10 years of news and analysis archives from the voice of The Deal Economy Most searched keywords Deutsche Bank Skadden Arps Validus Partners Evercore Partners Fenway Partners JHP Development Lazard Bain Capital Silver Point Capital Greenhill & Co.		EXISTING USERS Username Password Forget your password? Missing a product?

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