UK-based automotive dealership software maker Pinewood agrees to a £545M cash takeover by US private equity firm Ridgeview, after an Apax takeover fell through (Financial Times)

https://www.ft.com/content/b36d4655-b05f-46a9-87b2-145437dbdc3b">http://www.techmeme.com/260819/i16.jpg" vspace="4" />

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https://www.ft.com/content/b36d4655-b05f-46a9-87b2-145437dbdc3b">UK-based automotive dealership software maker Pinewood agrees to a £545M cash takeover by US private equity firm Ridgeview, after an Apax takeover fell through  —  Deal for former Pendragon software division follows rival buyout group Apax's withdrawal of offer on concerns over AI impact