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New Deal


Announced

Serco completed the acquisition of ORS Group from Equistone for £39m.

Financials

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Transaction Value£39m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales0.4x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Switzerland

Consumer Services: Other

Refugee Services

Friendly

Completed

Private

Majority

Cross Border

Single Bidder

Acquisition

Private Equity

Synopsis

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Serco, a contractor for the provision of government services, completed the acquisition of ORS Group, an immigration services provider, from Equistone, a private equity firm, £39m. “Demand from governments for support services in the area of migration has risen consistently in recent years. Thanks to the new partnership with Serco our customers will benefit from an even stronger global network. At the same time, we will also guarantee the same level of service and professionalism that customers have come to expect. Our new partner’s support and expertise will help us to keep developing ORS, while maintaining our commitment to quality services and high standards of care," Jürg Rötheli, ORS CEO.

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