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New Deal


Announced

CD&R to acquire a majority stake in Presidio from BC Partners.

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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Pending

Friendly

IT Services: Other

United States

it solutions

Acquisition

Domestic

Majority

Private

Private Equity

Single Bidder

Synopsis

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CD&R, a private equity firm, agreed to acquire a majority stake in Presidio, a technology services and solutions provider, from BC Partners, a private equity investment firm. Financial terms were not disclosed. “I would like to thank BC Partners for their true partnership, as we expanded our offerings as a leading technology services and solutions provider. We are well positioned for the future and look forward to working closely with our investors as we advance our business strategy,” Bob Cagnazzi, Presidio CEO.

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