Hg Capital has agreed to acquire California-based rights and royalties management software provider Rightsline in a deal valued at around $500m including debt, marking the firm’s first new buyout since the software sector sell-off earlier this year, according to a report by the Financial Times.
Rightsline provides licensing and royalty management software to media and entertainment groups including Disney, the BBC and Warner Bros Discovery.
The deal follows a difficult period for software-focuse...
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