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New Deal


Announced

Completed

CDPQ completed the investmnent in ICR.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Private

public relations consultancy

Acquisition

Single Bidder

Private Equity

Management Consulting

Majority

Friendly

Cross Border

Completed

Synopsis

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Caisse de dépôt et placement du Québec, a global investment group, completed the investmnent in ICR, a provider of strategic communications and advisory services. CDPQ joined existing shareholders Investcorp. Financial terms were not disclosed. "ICR has created a remarkable value proposition for companies and their leadership teams thanks to its unique portfolio of services, high–quality network and the distinctive profile of its client facing teams who possess deep industry and capital markets knowledge. This provides ICR a unique advantage to align strategic communications and transaction advisory among all stakeholders," Martin Laguerre, CDPQ Executive Vice-President and Head of Private Equity and Capital Solutions.

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