Dutch software firm Exact in $1.4 bln take-private talks with Apax, KKR
LONDON, July 11
LONDON, July 11 (Reuters) - Dutch software company Exact Holding is in sale talks with a series of heavyweight private equity funds including Apax and KKR in a take-private deal that could value the company at around one billion euros ($1.4 billion), several sources said on Friday.
Rothschild has been mandated to sell the company which is listed on Euronext Amsterdam, two sources said. EQT and Hellman & Friedman initially explored a potential deal but are no longer in the process.
Exact Holding, KKR, Apax, Hellman & Friedman and EQT were not immediately available to comment. Rothschild declined to comment. ($1 = 0.7331 euros) (Reporting By Pamela Barbaglia; editing by Freya Berry)