General Atlantic, Oakley Said to Near €1 Billion Brevo Deal

General Atlantic and Oakley Capital are reportedly close to acquiring Brevo, a French software-as-a-service (SaaS) company, in a deal valued at around €1 billion ($1.1 billion). The transaction involves a consortium formed by the two private equity firms. Brevo is a prominent player in the French SaaS industry, offering software solutions to businesses. The potential acquisition represents a significant investment by General Atlantic and Oakley Capital, underscoring their interest in the growing SaaS market. The deal, if finalized, would provide Brevo with additional resources and expertise to further expand its operations and product offerings. It also highlights the ongoing interest of private equity firms in the technology sector, particularly in companies with strong growth potential. While the details of the transaction are still being negotiated, the reported €1 billion valuation suggests that Brevo has established itself as a valuable player in the French technology landscape.