InsideArbitrage Potential Deal Alert: Financial Software Maker Enfusion (ENFN) Explores Options Including Sale

POTENTIAL DEAL DETAILS

Reuters reported that Enfusion (ENFN), a U.S. software provider for asset managers, is in talks with investment bankers to evaluate options that could include a potential sale.

The Chicago-based company, which has a market value of $1.1 billion, decided to interview investment banks in recent weeks after receiving takeover interest from potential suitors including private equity firms.

Enfusion has not launched a sale process yet and the company may opt to stay independent.

Last year, Reuters reported that Enfusion was attracting takeover interest from private equity firms and strategic buyers.

Enfusion, Inc. Investor Relations

Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.