Private equity firm BC Partners Ltd is exploring a sale of Presidio Inc, which could value the U.S. information technology provider at more than $4 billion including debt, two people familiar with the matter told Reuters.
A BC Partners spokesperson declined to comment. Presidio did not immediately respond to a request for comment. Like many technology companies, Presidio benefited from a surge in demand for IT services during the COVID-19 pandemic, as companies invested more to adapt to the remote working environments and boost cybersecurity capabilities.
Source: News Formal (newsformal.com)
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