Ridgeview Partners Announces Recommended Acquisition of Pinewood Technologies Group Plc

UK's Pinewood Technologies to go private in $739 million Ridgeview deal ...

Pinewood Technologies agrees £545m takeover by US private equity firm

Pinewood Technologies has become the latest London-listed firm to be snapped up by private equity, after agreeing to a takeover by US-based Ridgeview Partners.

Feoh Investments Reduces Stake by 1 Million Shares in Pinewood Technologies Group (PINE), Lowering Letter of Intent Support to 2.62% Amidst Recommended Takeover Bid

Private equity firm Ridgeway makes recommended £545m Pinewood bid

San Francisco-based private equity firm Ridgeview has agreed to buy motor dealer software company Pinewood Technologies for £545m. Following completion of the acquisition, Ridgeview plans to work with Pinewood.AI’s management team and employees, led by CEO Bill Berman. Ridgeview said it will be a supportive long-term partner of Pinewood.AI and grow the company in the UK, US and other markets. “Pinewood.AI has built a powerful, modern, end-to-end…

Pinewood.AI acquisition recommended for approval

A private equity bid for Pinewood.AI which values the company at around £545 million has been recommended for shareholder approval.