ECI set for £200m TMT exit

UK private equity firm appoints Jefferies to sell Fourth, a provider of 'hospitality management' systems

UK private equity firm ECI Partners is lining up a new year sale of software company Fourth, after appointing advisers to sell the firm for over £200 million.

ECI has appointed investment bank Jefferies to sell Fourth, a software business which provides management systems to hotels and restaurants, according to four people familiar with the matter.

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