.
MergerLinks Header Logo

New Deal


Announced

Completed

Ardian-backed Assystem completed the acquisition of Software Quality Systems for $423m.

Financials

Edit Data
Transaction Value£315m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium56.4%
One Off Charge-

Tags

Edit

business services

software

Software

Germany

Acquisition

Friendly

Single Bidder

Majority

Tender Offer

Public

Private Equity

Completed

Synopsis

Edit

Ardian-backed Assystem, an independent engineering group, completed the acquisition of Software Quality Systems, a Germany-based provider software and business process quality solutions, for $423m. "We believe that it is an opportunity to join up with an organisation that is complementary and which provides enhanced opportunity for the benefit of our staff and customers. Combining the two companies will create a truly global business delivering a "best in class" offering to customers based on a shared culture of technical excellence, continued innovation and providing the highest standards of service," Diederik Vos, SQS CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US