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Accuvant to be acquired by Blackstone Group LP

Tuesday, 11 Mar 2014 10:30am EDT 

Accuvant:Reached a definitive agreement under which Blackstone Group LP will acquire a majority stake in Accuvant as part of their private equity portfolio.Accuvant management and existing shareholder Sverica International LLC, a private equity investment firm, will invest alongside Blackstone in the transaction.Financial terms of the transaction are not being disclosed.