.
MergerLinks Header Logo

New Deal


Announced

Mantle Ridge acquired a 10% stake in Aramark.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned10%
Capital Bid For10%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Acquisition

Business Process Outsourcing

United States

diversified business services

Public

food service

Completed

Friendly

Private Equity

Single Bidder

Synopsis

Edit

Activist investor Paul Hilal’s Mantle Ridge acquired a 10% stake in Aramark, an American food service, facilities, and uniform services provider to clients in areas including education, healthcare, business, corrections, and leisure. In addition to Aramark’s common stock, Mantle Ridge owns derivatives, bringing its total economic exposure to roughly 20% of the company. “Aramark is focused on maximizing long-term value for all of our shareholders, and welcomes open communication and constructive dialogue with our shareholders toward that goal,” Aramark said in a statement.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

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

CONTACT US