A handful of private equity firms (including Bain Capital, Blackstone, Goldman PE, KKR, TPG, SilverLake) teamed up to buy SunGard back in 2005. A decade later they will finally get to cash out as Fidelity National has bought the company (also its rival) for $9.1 billion. It appears Fidelity National was seeking access to SunGard's lucrative trading and money management clients. Over the years, many parts of SunGard have been sold off and dividend recaps have occurred----experts estimate the total return to the initial PE investors will be about 1.7x.