Credit: Ken Wolter/Shutterstock.com Deal Watch: Citrix Goes Private for $16.5B, But Lethargic Start to Transactions in 2022 Continues
The buy of Citrix by Evergreen and Vista is a big shot for private equity, but the slow start continues for deal work.
January 31, 2022 at 12:21 PM
7 minute read
The original version of this story was published on The American Lawyer
Citrix Systems, the legacy software company that was at the forefront of virtual desktops and cloud computing and has benefited from a surge in remote work the last two years, was bought by private equity firms Evergreen Coast Capital and Vista Equity Partners on Monday for $16.5 billion.
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