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New Deal


Announced

PAI Partners to invest in Azets Group.

Financials

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

Tags

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Payroll

United Kingdom

Acquisition

Friendly

Private Equity

Pending

accounting services

Cross Border

Private

Single Bidder

Minority

payroll

Synopsis

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PAI Partners, a pre-eminent private equity firm, agreed to invest in Azets Group, a provider of business-critical accounting, tax, payroll, audit and advisory services to SMEs. Financial terms were not disclosed. "With its proven and resilient business model, Azets provides a strong platform for future growth. Thanks to its leading market positioning, the firm is well placed to benefit from the growing levels of compliance, regulation and outsourcing that underpin its core services market. We look forward to partnering with the management team and Hg in this next phase of Azets’ growth," Colm O’Sullivan, PAI Partner.

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