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