Ropes & Gray Represents Audax Private Equity in the Sale of Magnitude Software, Inc.
Ropes & Gray represented Audax Private Equity in the sale of Magnitude Software, Inc. to 3i Group plc. Headquartered in Austin, Texas, Magnitude is a provider of enterprise information management software that delivers insights on business performance in heterogeneous application and fragmented data environments. The transaction was announced on May 7.
The Ropes & Gray team was led by private equity partner Kendrick Chow.