El Correo NY,
Blackstone To Sell Ownership In IBS Software For $450M To Apax
-
Blackstone Inc (NYSE: BX) agreed to sell its stake in SaaS startup IBS Software to Whatx for $450 million.
-
Following the transaction, Apax will partner with IBS Software’s Founder and Executive Chairman, VK Mathews, who will remain the majority shareholder.
