Bain Capital to Acquire MYOB
August 23, 2011- Share:
Bain Capital has agreed to acquire a majority stake in MYOB from a group led by Archer Capital for about $1.3 billion. MYOB provides business management software and is also currently backed by HarbourVest Partners. Bain Capital is being advised by Morgan Stanley and Ropes & Gray, while Archer is being advised by UBS.
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