Bain, KKR submit finalized bids for MYOB - report
Bain Capital and KKR have submitted their final bids for Australian accounting software provider MYOB, which is currently owned by Archer Capital and HarbourVest Partners. The deal could be worth more than A$1 billion ($1.05 billion), Reuters reported.
The sale comes three years after Archer and HarbourVest purchased the asset for approximately A$450 million (then $296 million). The private equity firms have hired UBS to advise on the transaction. ...
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