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New Deal


Announced

EverArc to acquire Perimeter Solutions from SK Capital for $2bn.

Financials

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Transaction Value£1,419m
Consideration TypeCash, Ordinary Shares, Loan Notes
Capital Owned-
Capital Bid For100%
EV/Sales6x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Pending

Reverse Takeover

Cross Border

Chemicals: Diversified

De-SPAC

chemical additives

Single Bidder

Acquisition

United States

Majority

Private

Private Equity

Friendly

Synopsis

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EverArc, a publicly-listed acquisition company, agreed to acquire Perimeter Solutions, a global manufacturer of firefighting products and lubricant additives, from SK Capital, a private investment firm, for $2bn. Upon closing, EverArc will undertake a reorganisation pursuant to which it and the company will become the wholly owned subsidiaries of a newly formed Luxembourg company, Perimeter Solutions.

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