Blackstone-Backed Software Firm ISN Mulls $6 Billion Sale [Yahoo! Finance Canada]
Blackstone Inc. (BX)
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Source: Yahoo! Finance Canada
Most Read from Bloomberg Dallas-based ISN, which is backed by Blackstone Inc.'s growth equity arm, is talking to investment banks about a potential sale of all or part of the company that could take place as soon as this year, the people said. The company has already attracted takeover interest from industry players and other private equity firms, they said. Deliberations are still at a preliminary stage and there's no certainty that ISN will choose to pursue a deal, the people said, asking not to be identified discussing confidential information. Representatives for ISN and Blackstone declined to comment. ISN was valued at $2 billion at the time of Blackstone's minority investment in 2020. A sale of the company would come at a time of increasing demand
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