How Interest Rates Matter In Possible DocuSign, Software Buyouts

Reports suggest that electronic signature software company DocuSign (DOCU) may be acquired by private equity firms Bain Capital and Hellman & Friedman. Analysts speculate that this potential sale could lead to more private equity deals in the software industry. However, the sale may not come with significant premiums due to high interest rates. Despite a surge in demand during the pandemic, DocuSign’s revenue growth has slowed as businesses resume in-person meetings. The company’s stock rose by 5% in response to the news.