MSP platform powerhouse ConnectWise is mulling bids from private equity players, sources told CRN.
Among the private equity companies in the running are Bain Capital, according to two people close to the deal.
“Bain has been very aggressive,” said one source who valued the company at between $6 billion and $8 billion. “But the big names are all in there.”
The other source said the bidding process has heated up recently.
“The talk went from ‘ConnectWise is being sold’ to ‘PEs are in their house having meetings day in and day out, and they’re all in there bidding,” one source told CRN, noting that Bain Capital is currently a strong candidate. more here