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New Deal


Announced

GIC Private to invest in Access Group.

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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Friendly

Single Bidder

Cross Border

Private

Pending

Minority

Acquisition

Software

business management software

United Kingdom

Synopsis

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GIC Private, a sovereign wealth fund to manage Singapore's foreign reserves, agreed to invest in Access Group, a provider of business management software to mid-sized organisations. Financial terms were not disclosed. “I’m incredibly proud of our continued success and delighted that our leading investors, Hg and TA, continue to support us as the company expands in the UK, Ireland and Asia Pacific. With GIC’s additional investment, Access continues to receive strong support from the investment community, helping to drive our performance and growth plans, " Chris Bayne, The Access Group CEO.

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