The Docusign Inc. application for download in the Apple App Store on a smartphone arranged in Dobbs Ferry, New York, U.S., on Thursday, April 1, 2021.
Bain Capital and Hellman & Friedman have cooled in their pursuit of DocuSign Inc over disagreements on how much they should pay to acquire the provider of online signature services, people familiar with the matter said on Monday.
It remains, possible, however, that the deal talks will resume in the future, the sources added, requesting anonymity because the matter is confidential.
A deal for DocuSign would have been one of the biggest leveraged buyouts of 2024.
A spike in financing costs in the last two years has made financing leveraged buyouts more expensive and big deals harder to clinch.
Persons:
Friedman
Organizations:
Inc, Apple, Bain Capital, Hellman, DocuSign Inc, DocuSign, Mobile, United Airlines
Locations:
Dobbs Ferry , New York, U.S, New York