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New Deal


Announced

Count to acquire Diverger for £23m.

Financials

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Transaction Value£23m
Consideration TypeCash, Ordinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium31%
One Off Charge-

Tags

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Single Bidder

Majority

Public

Pending

Friendly

Acquisition

Domestic

financial services company

Diversified Financials

Australia

Synopsis

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Count, an accounting firm that offers financial stability, APL, technology, professional growth, and understanding services, agreed to acquire Diverger, a financial services company listed on the Australian Stock Exchange, for £23m. "The transformational acquisition of Diverger continues the disciplined execution of Count’s strategic plan and accelerates the realisation of our growth ambitions. This transaction follows the successful acquisition of Affinia and signals an exciting new phase for the Company. Diverger has a strong cultural fit with our Company and the combination is expected to unlock material benefits for all stakeholders as well as positioning us to lead further consolidation,” Hugh Humphrey, Count CEO.

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