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New Deal


Announced

Completed

Capgemini completed the acquisition of Empired for $172m.

Financials

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Transaction Value£125m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA16.7x
Share Price Premium64.6%
One Off Charge-

Tags

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Acquisition

Majority

Cross Border

IT service management

Scheme

Single Bidder

IT Services: Other

Public

Australia

Friendly

Completed

Synopsis

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Capgemini, a French multinational information technology services and consulting company, completed the acquisition of Empired, a national IT services provider with a broad range of capabilities and a reputation for delivering enterprise class IT service and solutions, for $172m. "Over the past 15 years Empired has been on a journey to build the most respected digital services company across Australia and New Zealand. Our strategy has delivered material growth in shareholder value and we are confident that being part of Capgemini will help to accelerate our combined market position in the coming years. If implemented, the Scheme will provide outstanding career opportunities for our people and have a positive impact for existing and prospective clients by providing them with access to the significant resources, service capabilities and international experience of Capgemini," Russell Baskerville, Empired Managing Director.

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