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New Deal


Announced

Completed

Blue Ridge ESOP Associates completed the acquisition of the ESOP business of Crowe.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Domestic

Single Bidder

Completed

consulting

Private

professional services

Friendly

Majority

United States

Business Process Outsourcing

financial services

Synopsis

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Blue Ridge ESOP Associates, an administration and recordkeeping firm, completed the acquisition of the ESOP business of Crowe, a public accounting, consulting and technology firm. Financial terms were not disclosed. "We're excited to integrate Crowe's ESOP business and people with Blue Ridge. It's a great fit for our organization, as the BPS team's technical expertise and personalized client-centric culture mirrors ours," Bill Yoerger, Blue Ridge Chief Executive Officer.

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