Private-equity firms Francisco Partners and TPG are working together on a more than $5 billion bid to acquire software company New Relic, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. A deal could be reached in the next few weeks, the report said, adding it's possi
Private-equity firms Francisco Partners and TPG are working together on a more than $5 billion bid to acquire software company New Relic, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.
Reuters had first reported in July that the U.S. business software company was preparing to explore a potential sale following interest from private equity firms.
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Software company New Relic in talks to be sold - WSJPrivate-equity firms Francisco Partners and TPG are working together on a $5 billion-plus bid to acquire software company New Relic, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. New Relic did not immediately respond to a Reuters request for comment.
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