JMI Equity Sells Vertafore
La Jolla-based private equity firm JMI Equity has sold portfolio firm Vertafore to another private equity firm, TPG Capital, in a deal worth $1.4 billion. According to Vertafore, TPG Capital is acquiring the company from Hellman & Friedman and co-investor JMI Equity. JMI's investment in Vertafore was overseen by Paul Barber.
posted on Thursday, June 10, 2010
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