Symphony Technology Group | Devoncroft Partners

Avid Technology to be acquired by Symphony Technology Group for $1.4 Billion

Just shy of 5pm US Eastern time Avid Technology announced it entered into a definitive agreement to be acquired by an affiliate of Symphony Technology Group (“STG”), a private equity firm based...

Analysis, Devoncroft Executive Summit Amsterdam, Media Technology M&A, Technology Trends

Valuing Avid, Valuing the Industry’s Future

On August 3, 2023, Reuters wrote that Symphony Technology Group and Francisco Partners are “among the private equity firms competing to acquire media editing software maker Avid Technology.”...