💨 Abstract

Private equity firms Vista Equity Partners and Harvest Partners are planning to sell government-services software company Granicus for around $4 billion, with a valuation of over 20 times its earnings. The company, which provides cloud-based software to governments worldwide, was acquired by Vista in 2016 and merged with another Vista-backed software maker, GovDelivery. The sale process is expected to begin in the second half of the year.

Courtesy: theprint.in

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