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CVC Capital To Acquire Raet

CVC Capital Partners has agreed to acquire Dutch provider of payroll and human resources software Raet.

    CVC Capital Partnershas agreed to acquire Dutch provider of payroll and human resources softwareRaet. The financial details of the transaction have not been disclosed.

    CVC is acquiring Raet from funds advised byAlpInvest PartnersandAdvent International. CVC has appointedABN AMRO,BNP Paribas,ING,LloydsandRabobankto arrange financing for the acquisition,Reutersreports.

    Click here for the release fromCVC Capital.

    Click here for additional coverage fromReuters.

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