Disposition · Activity not yet classified
IQMS
Transaction overview
Announced
Exact closing date not established.
Banneker Partners LLC and TCV agreed to sell IQMS to Dassault Systemes for $425 million in cash, according to the December 11, 2018 announcement. The agreement remained subject to antitrust approval and other conditions, with closing expected in early 2019.
Selected source-supported transactions; coverage is incomplete. Announcements do not establish completion or that a deal is still pending. Sponsor activity and operating-business transactions are distinct from adviser acquisitions. Unclassified activity is excluded from adviser-only counts.
Source evidence
- Portfolio Company Exit: IQMS Acquired by Dassault ↗
Banneker Partners · Published Dec 11, 2018
Banneker Partners LLC and TCV agreed to sell IQMS to Dassault Systemes for $425 million in cash, according to the December 11, 2018 announcement. The agreement remained subject to antitrust approval and other conditions, with closing expected in early 2019.