Deals
Infor Draws Full Buyout Interest From Advent, Apax, CVC
- Enterprise-software company said to have EV above $10 billion
- Morgan Stanley, BofA said to be preparing financing packages
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Infor, the enterprise-software company that was seeking buyers for a minority stake last month, also is considering an outright sale, people familiar with the matter said.
Advent International Corp., Apax Partners and CVC Capital Partners are working on preparing offers to acquire New York-based Infor outright, said the people, who asked not to be identified because the information is private. The closely held company has an enterprise value of at least $10 billion, the people said.