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New Deal


Announced

The Carlyle Group and Pacific Equity Partners withdrew their offer to acquire Link Administration Holdings from Perpetual for $2.2bn

Financials

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Transaction Value£1,668m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium13.9%
One Off Charge-

Sources

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Majority

IT Services: Other

Public

Cross Border

Friendly

Australia

information solutions

Private Equity

Acquisition

Failed

Synopsis

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Private equity firms The Carlyle Group and Pacific Equity Partners withdrew their offer to acquire Link Administration Holdings, an IT service management company, from Perpetual for $2.2bn Private equity firms Pacific Equity Partners and Carlyle, offered to acquire Link Group, an information solutions provider, for $2bn. Perpetual, a 10% shareholder in Link Group, agreed to divest its stake. On January 3, 2021, SS&C Technology Holdings withdrew its offer for Link. On April 27, 2021, Carlyle, Pacific Equity Partners scrapped their $2.2bn bid for Link.

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