13 Aug, 2024

Deal Wrap: Cinven sells Jaggaer to Vista Equity; Tide Rock buys Premier LogiTech

Deal Wrap is updated as of 3 p.m. ET.

– Cinven Ltd. agreed to sell US-based sourcing and procurement software developer Jaggaer LLC to Vista Equity Partners Management LLC. Goldman Sachs & Co. LLC and Moelis & Company LLC were Jaggaer's financial advisers while Kirkland & Ellis LLP was its legal adviser.

– Tide Rock Holdings LLC acquired Dallas-based Premier LogiTech and its consumer electronics services platform.

– Guardian Capital Partners Investment Management LP sold educational content publisher Carson-Dellosa Publishing LLC to educational technology company IXL Learning Inc. Goodwin Procter LLP was Guardian and Carson's legal adviser. Evercore was IXL Learning's financial adviser while Latham & Watkins LLP was its legal adviser.

For more private equity deals, read our latest In Play report, which looks at potential private equity-backed M&A, including rumored transactions, each week.