Bridgepoint Set to Acquire eFront from Francisco Partners
January 15, 2015
Bridgepoint has reportedly agreed to acquire software provider eFront from Francisco Partners for about €300 million. Dedicated to the financial industry, eFront specializes in alternate investments and risk management, serving major companies in the private equity, real-estate investment, banking and insurance sectors. Francisco Partners, which acquired a controlling stake in 2011, had been preparing for an exit since September.