Hellman & Friedman Completes Datatel Deal
Hellman & Friedman and JMI Equity have completed their acquisition of Datatel Inc., a Fairfax, Va.-based provider of enterprise information management solutions for higher education institutions. No financial terms were disclosed, although peHUB previously reported a sale price of approximately $570 million. Sellers include Thoma Bravo, Trident Capital, HarbourVest Partners and JP Morgan Asset Management -- which sponsored a management buyout of Datatel in early 2005.
11 December 2009•3 mins read
