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New Deal


Announced

Completed

Partners Group completed the acquisition of a majority stake in Version 1 from Volpi Capital for $867m.

Financials

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Transaction Value£666m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales3.2x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Digital Services

digital transformation

Acquisition

Friendly

Ireland

Single Bidder

Cross Border

Majority

Private

Private Equity

Completed

Synopsis

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Partners Group, a global private markets firm, completed the acquisition of a majority stake in Version 1, a digital transformation services provider in the UK and Ireland, from Volpi Capital, a private equity firm, for $867m. "We are extremely pleased to have secured Partners Group as our new partner and majority shareholder. Throughout our process, the firm's core values, track record and ambition best matched those of Version 1. Partners Group's sectoral knowledge and international reach will be as important to Version 1 as their investment and endorsement of our growth strategy. We are also pleased for our customers and staff who will benefit as we continue to grow and add more great people to the Version 1 team," Tom O'Connor, Version 1 CEO.

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