This is the best summary I could come up with:

German software company EQS Group is being taken private by Thoma Bravo for about €400 million ($435.1 million) in a deal that represents a massive 53% premium over its pre-announcement value.

Shares of EQS are up just under 52% today, implying that the market expects the deal to complete, and at the listed price.

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We care about a relatively small PE take-private of a software company that —be honest — you had not heard of until this deal was announced because of the why behind the transaction, and what it could mean for quite a number of startups operating in the regulatory technology (regtech) market.

Briefly, EQS Group is a public company that sells compliance and investor relations software.

In fact, it’s a relatively small company compared to most public software concerns.

The original article contains 189 words, the summary contains 145 words. Saved 23%. I’m a bot and I’m open source!