Monday, July 20, 2020

Private equity firm Thoma Bravo has agreed to buy and take private Majesco, a New Jersey-based provider of cloud software for insurance companies, for $594M (Luisa Beltran/Barron's Online)

Luisa Beltran / Barron's Online:
Private equity firm Thoma Bravo has agreed to buy and take private Majesco, a New Jersey-based provider of cloud software for insurance companies, for $594M  —  Shares of Majesco soared more than 70% Monday on news that Thoma Bravo was taking the insurance-technology company private in a $594 million deal.



at
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903M, below ~$1.2B est., as it pushes self-developed games (Sherry Qin/Wall Street Journal)

Sherry Qin / Wall Street Journal : Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903...