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New Deal


Announced

Completed

Astorg completed the acquisition of a majority stake in Opus 2 from Five Arrows for $411m.

Financials

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Transaction Value£298m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales12x
EV/EBITDA47x
Share Price Premium-
One Off Charge-

Tags

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cloud-based legal technology

Private Equity

Single Bidder

Majority

Software

Acquisition

Private

Cross Border

United Kingdom

Friendly

Completed

Synopsis

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Astorg, a global private equity firm, completed the acquisition of a majority stake in Opus 2, a provider of integrated software and services used in legal disputes, from Five Arrows Principal Investments, a private equity firm, for $411m. “We are very excited about Astorg investing in Opus 2 and look forward to working closely with their team as we continue to grow the business. We remain fully committed to maintaining excellence in customer service and innovation as we scale to meet increasing demand for our legal technology and services enabling digitally connected practice. Astorg understands this mission and are the perfect partner to help us continue to build the business in the coming years,” Martin Coen, Opus 2 CEO.

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