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Advent International £1.2 billion acquisition of Laird

1/3/2018
Acquisition finance, Public acquisition
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£ 1.2 billion

$ 1.674 billion

Announced

1/3/2018

Overview:

  • Advent International has agreed to acquire Laird for £1.2 billion including debt.
  • Laid is a UK electronics and technology business.
  • Advent will acquire the firm through Al Ladder.
  • According to Reuters Laird shareholders will be entitled to £2 for each Laird share held, valuing its issued equity at around £1 billion pounds.

Sam Duke

Jurisdiction:

United Kingdom

Deal types:

Acquisition finance
Public acquisition

Practice areas:

Private equity
M&A

Industry sector:

Technology and telecommunications

Firms:
Freshfields Bruckhaus Deringer

Party: Laird (Target)

Lawyers: Mark Austin, Piers Prichard Jones

Linklaters

Party: Advent International (Acquirer)

Paul Hastings

Party: Goldman Sachs (Arranger)

Party: Citigroup (Arranger)

Lawyer: Luke McDougall

Weil Gotshal & Manges

Party: Advent International (Borrower)

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