View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
September 29, 2014

Is Vista looking to prepare Misys for an IPO?

The private equity group hires bankers to look for buyers.

By

Vista Equity Partners is looking to sell part of its UK banking software firm Misys.

The private equity group, which is known for buying underperforming software companies, has hired bankers to look for buyers and is considering an initial public offering, according to the Financial Times.

The report comes over two years after Misys agreed to be acquired by Vista for $2bn after merger talks with Swiss rival Temenos fell through.

Last week, it also emerged that Vista and Thoma Bravo LLC were among a small group of private equity firms competing to buy TIBCO Software.

The move also comes against a backdrop of several deals in the software industry. SAP announced that it would acquire Concur Technologies for $8.3bn, while UK based Micro Focus said it would buy US-rival Attachmate for $2.35bn.

Content from our partners
European Technology Leadership: Deutsche Bank CTO Gordon Mackechnie
Print’s role in driving the environmental agenda
What finance leaders get wrong about digital transformation

Websites in our network
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
I consent to New Statesman Media Group collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU