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New Deal


Announced

Siris to acquire Equiniti for $917m.

Financials

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Transaction Value£659m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Cross Border

Friendly

Majority

Single Bidder

Pending

Acquisition

Private Equity

Public

Financial Data and Systems

United Kingdom

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Synopsis

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Siris, a private equity firm, offered to acquire Equiniti, a provider of administration and payment services supported by technology platforms, for $917m. The private equity firm's interest is understood to pre-date the coronavirus pandemic, the onset of which triggered a sharp fall in its target's share price.

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