Private equity firm Ridgeway makes recommended £545m Pinewood bid

San Francisco-based private equity firm Ridgeview has agreed to buy motor dealer software company Pinewood Technologies for £545m. Following completion of the acquisition, Ridgeview plans to work with Pinewood.AI’s management team and employees, led by CEO Bill Berman. Ridgeview said it will be a supportive long-term partner of Pinewood.AI and grow the company in the ... The post Private equity…