Exclusive: Francisco Partners, TPG end talks to buy New Relic


Private equity firms Francisco Partners and TPG Inc (TPG.O) have ended talks to acquire New Relic Inc (NEWR.N) after they failed to secure enough debt financing and could not meet the business software company's valuation expectations, people familiar with the matter said.
The demise of the deal negotiations underscores the challenges facing private equity firms seeking to…

This story appeared on reuters.com, 2023-05-26.
Read the Entire Internet on a Single Page. Join Now →