Bain Capital Exclusive: $3.5bn SoftwareOne Offer Rejection

Switzerland’s SoftwareOne Holding AG has rejected a non-binding offer from Bain Capital, valuing the company at 2.98 billion Swiss francs ($3.5 billion).

The board voted unanimously to remain independent, stating that the offer of 18.8 francs per share did not adequately reflect the value of the company. This decision comes after months of discussions with the private equity bidder.

SoftwareOne, based in Stans, Switzerland, provides software advisory services and partners