The convoluted story of Dun & Bradstreet Software Services took a further twist last week as US firm Bain Capital said it would buy the company for an undisclosed sum. Bain will change the name, although the company refused to say to what.
As well as the cash, Bain will hand over $50 million in preferred stock to clinch the deal, which will be concluded in the next two weeks.
CEO Doug MacIntyre will step down in favour of chief operating officer Jim Schaper.
Infrastructure provider says international sales now make up 51 per cent of its revenue
Suzanne Chappell of TMS plans sailing venture after selling Oxfordshire-based TMS to acquisitive Chess
Withdrawal of credit insurance by some providers a 'reflection' of current challenge facing IT sector, according to MD Steve Soper
SMART's UK managing director joins Lenovo to boost SMB business