.
MergerLinks Header Logo

New Deal


Announced

Siris Capital Group to acquire AST from Pacific Equity Partners for $595m.

Financials

Edit Data
Transaction Value£429m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

Edit

Tags

Edit

United States

Private Equity

Stock Transfer

Single Bidder

Majority

Friendly

Private

Cross Border

Acquisition

Management Consulting

professional services

Pending

Synopsis

Edit

Siris Capital Group, a private equity firm, agreed to acquire American Stock Transfer & Trust, a professional services firm, from Pacific Equity Partners, an Australasian private equity investment firm, for $595m. The deal would value AST at 12.6-times trailing earnings, on an EBITDA to enterprise value basis. Siris Capital is expected to combine AST with UK-listed Equiniti Group, which has also signed a deal to acquire later this month.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US