Australia's Elmo Software agrees take-private with US GP
K1 Investment, a US-based private equity that focuses exclusively on enterprise software companies, has agreed to acquire Australia-listed Elmo Software at a valuation of AUD 483m (USD 313m).
The target company, which provides cloud-based human resources and payroll software solutions, confirmed a fortnight ago that it had been approached by numerous prospective acquirers, including private...
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