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New Deal


Announced

Completed

Intellinsight completed the acquisition of Polytec Asset for $545m.

Financials

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Transaction Value£398m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Acquisition

Private

Completed

Domestic

investment holding company

Asset Managers and Custodians

Single Bidder

Hong Kong

Friendly

Synopsis

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Intellinsight, a holding company, completed the acquisition of Polytec Asset, an investment holding company, for $545m. Intellinsight previously said the deal will allow Polytec to cut costs linked to its listing, which does not "provide any meaningful benefit" to the company as it has not been able to conduct fundraising activities in recent years.

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