Sure. But buying cash flow only makes sense if you think the cash flow is going to continue long enough to justify your investment. And KKR pretty obviously believes that is the case. That was my point.
In any event KKR is of course business people, or more correctly, fiduciaries of their investors' money. They are not a charity. I did not mean "believes in the mainframe" in some religious or intellectual or sentimental sense, but rather in a financial sense. (And while I worked briefly for KKR (indirectly via BMC) I do not for one second claim any special or inside knowledge.) Charles -----Original Message----- From: IBM Mainframe Discussion List [mailto:[email protected]] On Behalf Of Allan Staller Sent: Tuesday, March 3, 2020 6:59 AM To: [email protected] Subject: Re: BMC and Compuware The mainframe is (and has been for many years), a cash cow. KKR loves the cash flow generated.. -----Original Message----- From: IBM Mainframe Discussion List <[email protected]> On Behalf Of Charles Mills Sent: Tuesday, March 3, 2020 8:55 AM To: [email protected] Subject: Re: BMC and Compuware [CAUTION: This Email is from outside the Organization. Do not click links or open attachments unless you trust the sender.] > KKR, one of the world's largest private equity firms, owns 100% of BMC. ... and apparently believes in the mainframe. They're sure buying a lot of mainframe software companies. (They bought my former employer, CorreLog, a little over a year ago.) Charles -----Original Message----- From: IBM Mainframe Discussion List [mailto:[email protected]] On Behalf Of Timothy Sipples Sent: Monday, March 2, 2020 10:00 PM To: [email protected] Subject: Re: BMC and Compuware Richard Pinion wrote: >WOW, Innovation Data Processing just came under Compuware's umbrella on >01/01/2020. >This reminds me of UCC buying ACF2, and in short order CA bought UCC. BMC is also acquiring RSM Partners. KKR, one of the world's largest private equity firms, owns 100% of BMC. ---------------------------------------------------------------------- For IBM-MAIN subscribe / signoff / archive access instructions, send email to [email protected] with the message: INFO IBM-MAIN ::DISCLAIMER:: ________________________________ The contents of this e-mail and any attachment(s) are confidential and intended for the named recipient(s) only. E-mail transmission is not guaranteed to be secure or error-free as information could be intercepted, corrupted, lost, destroyed, arrive late or incomplete, or may contain viruses in transmission. The e mail and its contents (with or without referred errors) shall therefore not attach any liability on the originator or HCL or its affiliates. Views or opinions, if any, presented in this email are solely those of the author and may not necessarily reflect the views or opinions of HCL or its affiliates. Any form of reproduction, dissemination, copying, disclosure, modification, distribution and / or publication of this message without the prior written consent of authorized representative of HCL is strictly prohibited. If you have received this email in error please delete it and notify the sender immediately. Before opening any email and/or attachments, please check them for viruses and other defects. ________________________________ ---------------------------------------------------------------------- For IBM-MAIN subscribe / signoff / archive access instructions, send email to [email protected] with the message: INFO IBM-MAIN ---------------------------------------------------------------------- For IBM-MAIN subscribe / signoff / archive access instructions, send email to [email protected] with the message: INFO IBM-MAIN
