Hellman & Friedman’s $11 billion deal for United Software Group is the latest mega buyout that shows private equity firms are getting bolder and their deals are getting bigger.
The buyout firm had bounced back from a rebuffed 4.68 billion euro ($5.35 billion) bid for a majority stake in German tech firm Scout24 AG to land a deal for the U.S.-based human resources software firm, agreeing to pay $331.50 per share in cash Feb. 4.
As private equity firms raise more cash for deals -- the amount of dry powder available to fund managers has risen to $2.1 trillion, according ...
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