Corsair is currently owned by Chief Executive Andy Paul, who founded the company in 1994. Francisco Partners made a $75 million investment in the company in 2013 after the company scrapped its IPO plans. Francisco did not respond to requests for comment.Corsair reportedly pulls in EBITDA of about $55 million and Reuters claims EagleTree is expected to pay 9 to 10 times that figure. At the midpoint, that would be a valuation of $525 million.
Corsair may be sold to private equity firm
Posted on Tuesday, July 18 2017 @ 16:22 CEST by Thomas De Maesschalck