Vivint Sale Moves Forward, Sources Say Blackstone To Buy
Earlier this month, Reuters reported that home security maker Vivint was working on getting sold for $2 billion. Today, according to sources, Vivint is close to selling to private equity firm Blackstone Group for that amount. Vivint provides home automation and security services. It is majority owned by its founder with investments from Goldman Sachs Group, Jupiter Partners and Peterson Partners. [Source: Reuters]























