One Equity Partners announced late yesterday it's buying tech services firm M*Modal (MODL) for...

|By:, SA News Editor

One Equity Partners announced late yesterday it's buying tech services firm M*Modal (MODL) for ~$1.1B. The $14/share deal is an 8.3% premium to M*Modal's Monday close. One Equity Partners is JPMorgan's (JPM) private investment arm.