GgoogleAU first seen 1 d ago, last 1 d ago, peak #3
Seek faces bumpy exit from $1b SaaS portfolio
Original: investment fund
Australian jobs platform Seek is struggling to secure a clean exit from its roughly $1 billion portfolio of SaaS investments, according to Capital Brief. The company, which built up the software holdings as a side bet to its core employment classifieds business, is reportedly facing valuation and buyer challenges as it winds down the fund.
Why now: New reporting on the exit difficulties for a billion-dollar investment portfolio from a major Australian listed company has drawn investor attention.
Evidence
- Seek faces bumpy exit from $1b SaaS portfolio · Capital Brief
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