Life under a PE owner: Misys treasurer's story
Joanna Hawkes, group treasurer of the UK tech vendor, reveals the cultural shift under PE ownership and its huge impact on treasury.
On June 1, 2012, San Francisco-based private equity firm Vista Equity Partners sealed a $2.6 billion all-cash takeover of UK technology vendor Misys. At the same time, Vista announced its intentions to merge Misys with banking software provider Turaz, a previous acquisition and former Thomson Reuters business.
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