Hedge Funds & Alternative Investments
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Investcorp agrees to sell accounting and administrative solutions platform Shine
Investcorp has announced that through Investcorp Technology Partners (“ITP”), it has agreed to sell its majority stake in Shine (the “Company”), a leading European unicorn and digital platform for small and medium-sized businesses (“SMBs”) to Cegid, a cloud management and AI solutions business majority owned by Silver Lake. Financial terms…
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Source: Investcorp