So it appears that Plex Systems is looking to be sold for a third time, as all the phones at Francisco Partners (the PE shop that bought them from fellow travelers Apax Partners) all started vibrating with that five-year, time-to-sell reminder message.
Reuters reports that Plex, with revenues of just $100 million, hopes to be valued at "more than $1 billion, including debt." Wow.
It's quite a coincidence. That's the same figure I had in mind for potential acquirers of this blog. And unlike nearly all of its subjects, The ERP Graveyard has no debt. Please send offers in confidence to ned@xtuple.com.
Reuters reports that Plex, with revenues of just $100 million, hopes to be valued at "more than $1 billion, including debt." Wow.
It's quite a coincidence. That's the same figure I had in mind for potential acquirers of this blog. And unlike nearly all of its subjects, The ERP Graveyard has no debt. Please send offers in confidence to ned@xtuple.com.
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