Datatel To Switch Private Equity Sponsors

Hellman & Friedman and JMI Equity have agreed to acquire Datatel Inc., a Fairfax, Va.-based provider of enterprise information management solutions for higher education institutions. No financial terms were disclosed. Sellers include Thoma Bravo, Trident Capital, HarbourVest Partners and JP Morgan Asset Management -- which sponsored a management buyout of Datatel in early 2005.

9 November 2009•2 mins read
Feature image
LinkedInXEmail
LinkedInXEmail

Related articles