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New Deal


Announced

Ardian to acquire PRGX Global for $195m.

Financials

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Transaction Value£143m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium32.7%
One Off Charge-

Tags

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United States

Pending

compliance management

Acquisition

Private Equity

Cross Border

Friendly

auditing services

Financial Data and Systems

Public

Single Bidder

Synopsis

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Ardian, a private equity firm, agreed to acquire PRGX Global, a recovery audit and spend analytics services provider, for $195m. “The Ardian transaction delivers significant value for PRGX’s shareholders and marks the beginning of the next chapter of our journey with our clients. We look forward to partnering with the Ardian team to accelerate the launch and delivery of our vision of source-to-pay as fully technology-enabled, accelerating speed to value for clients globally,” Ron Stewart, PRGX President and CEO.

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