MergerLinks Header Logo

Announced

TPG-led consortium to acquire Smartgroup for $1.38bn.

Synopsis

TPG-led consortium offered to acquire Smartgroup, an Australia-based company engaged in providing specialist employee management services, for $1.38bn. Australian private equity investors Potentia and Aware Super are also participating. The bid represents a 31% premium. Smartgroup is willing to recommend a binding offer at $10.35 a share.

Principals

Show Details & Financials

Market Context

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

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

CONTACT US