Majesco Enters Into Amended Agreement To Be Acquired by Thoma Bravo
(World News Science)

Majesco shareholders to receive $16.00 in cash per share Transaction provides a significant cash premium to Majesco shareholders Transaction Expected to Close by the End of 2020 MORRISTOWN, N.J.--(BUSINESS WIRE)-- Majesco (NASDAQ: MJCO), a global leader of cloud insurance software solutions for insurance business transformation, today announced that it has signed an amended definitive agreement to be acquired by Thoma Bravo, L.P., a leading private equity firm focused on the software and technology-enabled services sectors, in a transaction valuing the company at $729 million. Following the closing of the transaction, Majesco will operate as a privately held company. Under the amendment,...