Atairos Takes Minority Stake in ProQuest
May 17, 2019
Atairos has acquired an ownership position in ProQuest, with ProQuest using proceeds to repurchase most shares held by entities affiliated with the Goldman Sachs Merchant Banking Division. Cambridge Information Group remains the majority owner and Goldman Sachs will retain a minority interest; the investment from Atairos is intended to support ProQuest's continued product innovation and global growth.
- Buyers
- Atairos
- Targets
- ProQuest
- Sellers
- Entities affiliated with the Merchant Banking Division of Goldman Sachs
- Industry
- Education
- Location
- Michigan, United States
- Transaction Type
- Growth capital
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