TA Associates to buy business software maker Unit4 in $2 billion deal

"Buyout firm TA Associates will acquire Unit4 NV, owned by private equity firm Advent International, in a deal valued at more than $2 billion, the enterprise software company said on Monday.

Netherlands-based Unit4 provides business software for human resource management, financial planning, accounting and others, its website showed. It was taken private when Advent bought it in 2014 for around 1.2 billion euros ($1.43 billion)."

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