Business & Finance
Silver Lake plans merger of software firms Cegid and Silae
CNBC reports that the private equity firm will combine the two companies in a deal valued above 10 billion euros.
The short version
- Silver Lake intends to merge its portfolio companies Cegid and Silae into a combined software group with an enterprise value exceeding 10 billion euros.[CNBC]
- The private equity firm is the majority owner of both companies and will maintain majority control of the merged entity.[CNBC]
- The combined business is expected to generate 1.6 billion euros in annual revenue.[CNBC]
- Completion of the merger is scheduled for the first half of 2027, pending regulatory review.[CNBC]
Key facts
- Silver Lake plans to merge portfolio companies Cegid and Silae at an enterprise valuation exceeding 10 billion euros.[CNBC]
- Silver Lake holds majority stakes in both Cegid and Silae and will retain majority ownership in the unified entity.[CNBC]
- The combined company is projected to generate roughly 1.6 billion euros in yearly revenue.[CNBC]
- The transaction is expected to close in the first half of 2027, subject to regulatory clearance.[CNBC]
What remains uncertain
- The transaction remains subject to official regulatory approval before it can close in 2027.[CNBC]
Sources
Outlet counts describe coverage, not independent confirmation. Reports may share a wire service or original source.