UC4 Sold to Private Equity Firm for $270 Million /management giant with $159 billion under managemen #AlexWoodie #bennyquetell, @resilient_ent, #resilientmediaentertainment

UC4 Software has been acquired by a European private equity group for $270 million, it was announced yesterday. The deal gives a big return for The Carlyle Group, a global asset management giant with $159 billion under management, which sold the business automation software specialists to EQT Partners, a Swedish private equity group with €18 billion in assets.

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RESILIENT MEDIA ENTERTAINMENT

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