New
#2401
It took a bit to re-find this post:)
It's a done deal:
EagleTree Buys Majority Share in Corsair for $525 MillionEagleTree Buys Majority Share in Corsair for $525 Million
Corsair*announced today that EagleTree Capital reached a definitive agreement in partnership with current management to acquire a majority stake in CORSAIR from Francisco Partners and several minority shareholders.*
As part of the transaction, CORSAIR founder and Chief Executive Officer Andy Paul will maintain a sizable equity stake in the Company and continue in his role as CEO. IMCO (Investment Management Corporation of Ontario) and the Honeywell pension are also co-investing alongside EagleTree, which is acting on behalf of its private equity fund EagleTree Partners