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New Deal


Announced

ELCA Cloud Services to merge with EveryWare.

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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Private

Single Bidder

Domestic

Friendly

Majority

cloud platform

Merger

Acquisition

Switzerland

Pending

IT Services: Other

Synopsis

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ELCA Cloud Services, a provider of IT infrastructure services, agreed to merge with EveryWare, a firm angered in the analyzing, designing, building, and operating business-critical cloud platforms. Financial terms were not disclosed. "Together with Kurt Ris and his team, we will become a leading national player to support Switzerland with its digital transformation journey," Yves Pitton, ELCA Group Member of Executive Board.

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