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New Deal


Announced

Byggfakta Group to acquire Glenigan from Ascential for $97m.

Financials

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Transaction Value£73m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Construction Services

construction project

Cross Border

Acquisition

Pending

United Kingdom

Majority

Single Bidder

Private

Friendly

Synopsis

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Byggfakta Group, an information provider to the Nordic construction industry, agreed to acquire Glenigan, a provider of construction project sales leads, industry data, analysis, forecasting and company intelligence, from Ascential, a specialist information, data and analytics company, for $97m. "The sale is a step forward for Ascential and our customers as our strategic focus and investments can be further concentrated on our core customer proposition: enabling our customers to design and create the right products, maximising their marketing impact and optimising their digital commerce performance," Duncan Painter, Ascential Chief Executive Officer.

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