Commvault explores sale amid private equity interest

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Commvault explores sale amid private equity interest

privateequitywire

4 months ago

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Data protection software provider Commvault Systems is exploring strategic options, including a potential sale, after attracting takeover interest from multiple suitors, including private equity firm Thoma Bravo, according to a report by Reuters.
The report cites unnamed people familiar with the matter as revealing that the Tinton Falls, New Jersey-based company, which has a market capitalisation of roughly $3.5bn, is working with Goldman Sachs Group Inc to evaluate its options following inbound...

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