Blackstone sells IBS Software stake to Apax for $450 million

Blackstone has reached a definitive agreement to sell its stake in the Indian SaaS startup IBS Software to Apax for $450 million, the three said Monday, the latest in a series of late-stage deal activities among IPO-ready firms. IBS Software offers a range of software solutions to airlines, logistics and hospitality companies. The Kerala-based startup […]

Blackstone sells IBS Software stake to Apax for $450 million by Manish Singh originally published on TechCrunch