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Announced

Completed

Wincove, TDR Capital and Sands Capital completed the acquisition of a minority stake in Globalization Partners for $150m.

Financials

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Transaction Value£115m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Friendly

Private Equity

United States

Single Bidder

Minority

employees platform

Acquisition

Completed

Outsourced HR and Staffing

Synopsis

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Private equity firms Wincove, TDR Capital and Sands Capital completed the acquisition of a minority stake in Globalization Partners, which allows companies to hire employees throughout the world through its platform, for $150m. “Globalization Partners has developed an innovative tech-enabled global expansion platform that we believe is transformational for companies that need to rapidly take advantage of global growth opportunities. The business is extremely well-run and committed to providing world-class, compliant solutions, all while operating with the highest integrity and client care standards,” Jon Rosen, TDR Capital Partner.

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