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Serena Software Acquired By HGGC
San Mateo-based application development software provider
Serena Software
has been acquired by
HGGC
, in a deal reportedly worth $450M. Serena Software as owned by private equity firm Silver Lake. HGGC is a middle market private equity firm. According to the companies, Serena Software's founder, Doug Troxel, is partnering with HGGC in the deal. HGCC was advised by Credit Suisse in the effort.
posted on Monday, March 10, 2014
Related companies:
SERENA & LILY INC
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