HarbourVest Raises Absolute PE Bid

HarbourVest Partners has increased its offer to buy Absolute Private Equity.

HarbourVest Partners has increased its offer to buy Absolute Private Equity, The Wall Street Journal reports. The private equity firm will pay $18.50 a share as compared to $17.25 a share previously offered.

The deal values the firm at $806 million. HarbourVest’s secondary funds and its HarbourVest Global Private Equity will acquire Absolute Private Equity.

Click here for the story from The Wall Street Journal.