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New Deal


Announced

Completed

Stonepeak completed the acquisition of the safety business of Apollo-backed Intrado for $2.4bn.

Financials

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Transaction Value£2,100m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Acquisition

Majority

Private

safety business

Private Equity

Single Bidder

Domestic

Friendly

Telecommunications Services: Other

public emergency telecommunications

Completed

Synopsis

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Stonepeak, an alternative investment firm specializing in infrastructure and real assets, completed the acquisition of the safety business of Apollo-backed Intrado, a provider of technology enabled services, for $2.4bn. "I am pleased that the Safety team will continue to advance their vision as part of the Stonepeak portfolio, benefitting from their experience and success in investing in a wide range of digital infrastructure companies over the past decade. I remain excited about Intrado’s future given Digital Workflows, Notified, and Mosaicx are industry leaders in each market they serve," John Shlonsky, Intrado President and CEO.

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