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New Deal


Announced

Science Group to acquire TP Group for £17.5m.

Financials

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Transaction Value£17m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Pending

digital solutions

Domestic

Majority

United Kingdom

Single Bidder

Acquisition

Friendly

engineering services

Public

Engineering Consulting

Synopsis

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Science Group, an international, science-led services and product development organisation, agreed to acquire TP Group, a provider of consulting, digital solutions and engineering services across the full lifecycle of programmes, for £17.5m. In a statement, Science Group said that 'there are significant potential synergies with TP Group and a combination would be attractive to the employees and customers of both organisations'.

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