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New Deal


Announced

Hanover-backed Alpha Acquisition to acquire ZetaDisplay for $88m.

Financials

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Transaction Value£77m
Consideration TypeCash
Capital Owned-
Capital Bid For96%
EV/Sales2x
EV/EBITDA24x
Share Price Premium-
One Off Charge-

Tags

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Public

Acquisition

Friendly

Single Bidder

Pending

Private Equity

Cross Border

IT Services: Other

Majority

digital signage solution

Sweden

Synopsis

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Hanover-backed Alpha Acquisition offered to acquire ZetaDisplay, a full-service digital signage provider, for $88m. “We are delighted to be announcing this recommended cash offer for ZetaDisplay. We believe that Hanover is the ideal partner for ZetaDisplay, providing access to expertise and substantial equity funding which we believe will be crucial as the digital signage industry heads into a period of significant change and consolidation. We are excited to work together with the ZetaDisplay management to deliver the next phase of the growth story," Matthew Peacock, Hanover Partner.

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