Terms were not disclosed.The move follows the $2 billion buyout of Unit4 through a majority investment by TA Associates in March. Advetook Unit4 private in 2014. This week’s referred TA’s buyout of the Unit4 ERP business, but it was not pictured that way in thech announcement. Thesis concentrates on marketing software to higher education institutions.
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UNIT4 SPINS OUT STUDENT BIZ Featured
Unit4 is spinning out its student information system business. The software company said the new business, called Thesis, will continue to be owned by Advent International.
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