Private equity firm gains majority stake in Kyriba
Bridgestone Financial has bought a 75% stake in San Diego-headquartered Kyriba in what is the private equity firm’s second foray in the TMS space
Bridgepoint Financial, a UK private equity firm, has gained a majority stake valued at $1.2bn in treasury management system (TMS) firm Kyriba in a move that further cements the position of cloud-based treasury services as a target for private equity investment.
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