Cision floats. Or does it?
Cision (which ownes Gorkana, Prime, PR Newswire and other assets) has been sold by its primary investor GTCR to another US VC, Platinum. The deal values Cision at USD2.7b, more that the USD2.48 paid by GTCR. Underlying revenue trends look less attractive, with largely static revenues and declining profits.
