Is there a deal in place for Triple Point?

As many know, there was a recent article in the press that said Triple Point’s owners, Welsh Carson, had put the company on the block, seeking to leverage the solid success the company has had over the last few years (20-30% year over year growth) into a very significant payday.  According the article, Welsh paid $500 million in late 2011 and have recently been asking some $750 million for company.

Well, if rumors are to be believed, it now looks like there may be a deal in place.  I’ve had numerous contacts today that say a deal is being signed and that within a few days, Triple Point will have changed hands.  Though all the rumors have pointed to the same name as being the buyer, its probably best to hold off disclosing that name until I can get better confirmation.  However, if the rumors are true, I have to admit it will have been a surprise to me as this rumored buyer wasn’t even on my “Big Spender Seeking CTRM Vendor” radar!