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New Deal


Announced

Sterling Capital Brokers to merge with Luedey Consultants.

Financials

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

Tags

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Domestic

consulting firm

Merger

Friendly

Canada

Management Consulting

Majority

Pending

Private

Acquisition

Single Bidder

Synopsis

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Sterling Capital Brokers, an independent benefit consulting firm, agreed to merge with Luedey Consultants, a benefit consulting firm in Canada. Financial terms were not disclosed. "Luedey Consultants is a highly regarded organization with an exceptional reputation in Atlantic Canada. The alignment of core values makes LCI an ideal partner for SCB. Through this merger, the combined firm gains access to new geographies while adding strong internal consulting capabilities from LCI. I am really looking forward to working with Bill and his outstanding team," John Griffin, SCB President.

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