Announced
Financials
Sources
Tags
Majority
IT Services: Other
Public
Cross Border
Friendly
Australia
information solutions
Private Equity
Acquisition
Failed
Synopsis
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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