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New Deal


Announced

Apollo Global Management to invest $300m in Cimpress.

Financials

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Transaction Value£231m
Consideration TypeLoan Notes
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Minority

Friendly

Private

Pending

Single Bidder

Acquisition

Ireland

printing

technology

printing services

Printing and Copying Services

Cross Border

Private Equity

Synopsis

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Apollo Global Management agreed to provide a $300m in secured note to Cimpress, a global e-commerce provider of customized print, signage, merchandise and other marketing products to small and medium-sized businesses. "Cimpress is an established leader in mass customization, serving millions of small business customers through leading brands such as its flagship Vistaprint business. The durable demand for its products and services has driven significant growth over the past twenty years, and we believe its products are critical to small businesses during both challenging and stable times. This investment helps optimize the company’s capital structure, and we look forward to working with Robert, Sean and the rest of the management team," Reed Rayman, Apollo Partner in Private Equity.

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