Citrix Debt Financing Delayed; A Warning Sign for Personal Fairness Buyouts?


Personal fairness’s $16.5 billion buyout of Citrix Systems is lacking one essential ingredient: A $15 billion debt sale to finance the deal. And that debt sale can be pushed again till after the U.S. Labor Day vacation, Bloomberg reported.

Learn between the traces and there’s an essential lesson right here for MSPs, MSSPs, expertise and cybersecurity corporations that imagine non-public fairness corporations have limitless piles of money prepared for extra acquisitions.

Personal Fairness and Debt Financing: What MSPs Can Study From Citrix Deal

The fact: Private equity firms had $1.78 trillion in dry powder as of February 2022, Preqin estimates. That’s an enormous monetary stockpile. Nonetheless, many non-public fairness offers contain debt financing, and that debt financing might get tougher to seek out amid rising rates of interest, Wall Avenue volatility, falling SaaS firm market valuations, and considerations a couple of recession.

Consider it this manner: Evergreen Coast Capital (an…


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