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New Deal


Announced

Completed

ATI Global completed the acquisition of Groundsure from Ascential for £170m.

Financials

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Transaction Value£170m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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location intelligence

Private

United Kingdom

Friendly

Information / Data Services

Single Bidder

Cross Border

Acquisition

Majority

Completed

Synopsis

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ATI Global, a global provider of legal technology, software and information services, completed the acquisition of Groundsure, a provider of location intelligence, from Ascential, the specialist information, data and analytics company, for £170m. "We are delighted that Groundsure has found new owners who will continue to nurture its strong team, product and potential as an independent standalone business. For us, today's transaction brings into even clearer focus our strategy and 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 CEO.

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