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Cinven Nears Deal for German Software Maker think-cell

  • British buyout house closes deal for Berlin-based firm
  • Transaction follows series of recent private-equity deals
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Cinven Ltd., the U.K. buyout house, agreed to buy a controlling stake in German software company think-cell, the company said in a statement.

As part of the transaction, think-cell’s founders Markus Hannebauer and Arno Schoedl will continue to be active members of the management team and will both remain minority investors in the business alongside Cinven.