NEW YORK : EverCommerce Inc, a private equity-backed management software vendor, is exploring a sale of the company after attracting acquisition interest, people familiar with the matter said on Friday.
EverCommerce's board has formed a special committee comprising independent directors to handle the sale process, to allow for the possibility that its two top shareholders, buyout firms PSG Equity and Silver Lake, may participate in the transaction, the sources said. The sources cautioned that there is no certainty that any deal will materialize and asked not to be identified because the deliberations are confidential.
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