DC Advisory advises Blackstone on the acquisition of Civica

Summary

• DC Advisory provided advice to Blackstone, one of the largest global alternative asset managers, on entering into a definitive agreement to acquire Civica through private equity funds managed by its affiliates
• Civica is a leading software company in the public sector, servicing customers across the UK, Ireland, Australia, New Zealand, India, Singapore, US and Canada
• The transaction is subject to regulatory approvals and is expected to close in Q2 2024

• The acquisition supports Civica’s growth strategy and its vision to become a global GovTech champion