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Private equity buyers snap up UK’s hot tech stocks

Public technology companies are proving to be popular with buyout firms

Private equity buyers snap up UK’s hot tech stocks
Photo: Jacob Myrick

Looking for a hot listed UK tech company? Get in line.

Private equity firms have taken private four UK tech companies this year in deals worth $7.6bn, according to data from Preqin. The latest, software and hardware company Sophos, was snapped up by US buyout group Thoma Bravo last week in a deal valuing the cybersecurity firm at $3.8bn including debt.

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