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New Deal


Announced

Completed

Astorg and Epiris completed the acquisition of Euromoney Institutional Investor for £1.66bn.

Financials

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Transaction Value£1,660m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales4.5x
EV/EBITDA20.2x
Share Price Premium33.5%
One Off Charge-

Tags

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Private Equity

Majority

Cross Border

Public

Financial Data and Systems

United Kingdom

data services

markets information

financial publishing

Acquisition

Friendly

Single Bidder

Completed

Synopsis

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Private equity firms Astorg and Epiris completed the acquisition of Euromoney Institutional Investor, one of Europe's largest business and financial information companies which has interests in business and financial publishing and event organization, for £1.66bn. "The Board believes the offer represents value for shareholders and reflects the attractions of Euromoney's business model and performance. I would like to recognise the exceptional contribution of our people. Their insight, talent and innovation has driven our successful transition to a fast-growing, high margin, 3.0, information-services business," Leslie Van de Walle, Euromoney Chair.

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