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New Deal


Announced

Adamantem Capital made a $55m bid for Legend.

Financials

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Transaction Value£43m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium17.7%
One Off Charge-

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Australia

Private Equity

Construction Services

Pending

engineering services

Public

Acquisition

Single Bidder

Friendly

Synopsis

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Private equity firm Adamantem Capital made a $55m bid for Legend, which provides engineering solutions in Australia and New Zealand. The purchase price represents a 17.7% premium to Legend's last stock price. Adamantem Capital managing director Rob Koczkar said the PE firm is committed to continuing the growth of Legend under private ownership, supporting its people and customers, and building on its history as a leading provider of engineering solutions to a range of industries.

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