IronSource to IPO in 2-4 Years, Says CVC Partner
CVC has $80.5 billion in assets under management. In November, the firm paid
$430 million for a 25% stake in IronSource. CVC had several goals when it made the investment, according to Pindur, among them choosing a potential partner that has a strong team of entrepreneurs and looking for a quickly growing Israeli tech sector that also has sales. On its side, IronSource looked for a strong international investor that could help it prepare for an IPO, he said.
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