Hg Capital has agreed to acquire California-based rights and royalties management software provider Rightsline in a deal valued at around $500m including debt, marking the firm’s first new buyout since the software sector sell-off earlier this year, according to a report by the Financial Times.
Rightsline provides licensing and royalty management software to media and entertainment groups including Disney, the BBC and Warner Bros Discovery.
The deal follows a difficult period for software-focuse...
Continue Reading
Sign up for FREE to read the full article and access 148K+ alternative investment headlines.
Alternative Investment News