Private equity is now casting its eyes over a sold-off UK tech sector
The massive sell-off of technology growth stocks in 2022 to date may see an acceleration of opportunistic buyouts from private equity funds flush with cash.On 9 May, compliance and regulation software supplier Ideagen (IDEA:AIM) agreed a takeover deal from private equity outfit firm Hg worth £1.09 billion, while also opening its books to Hg's counterpart Astorg.'Following initial reports of...