Charlesbank Capital-backed Neptune Retail Solutions completed the acquisition of Quotient for $430m.

Charlesbank Capital-backed Neptune Retail Solutions, a retail marketing company, completed the acquisition of Quotient, a digital promotions and media technology company, for $430m. “We are pleased to enter into this transaction with Neptune and Charlesbank, which will deliver compelling, immediate and certain value to shareholders, while positioning Quotient to continue meeting the needs of its customers. The Board undertook a thorough review of the Company’s standalone growth prospects and opportunities to maximize shareholder value, and we are confident this transaction achieves that objective and is the optimal path forward for our shareholders," Robert McDonald, Quotient Chair.