GTCR acquired security segment of ADT
In August 2023, GTCR acquired the commercial fire and security segment of ADT company for $1.6B.
KKR acquired S&P Global
In March, the Engineering Solutions Business of S&P Global was acquired by KKR for almost $1B.
EQT acquired SK Shieldus
Earlier this month SK Shieldus, based in South Korea, was bought by Swedish PE firm EQT for $1.5B at 1.6 times revenue.
Concentrix Corporation acquired Webhelp
The largest megadeal this quarter was the acquisition of outsourced customer care and payments BPO services provider from France, Webhelp, by Concentrix Corporation for $4.8B.
Digital Bridge acquired Switch
The largest megadeal so far this year was the acquisition of colocation datacenter provider Switch by Digital Bridge for $8.4B at 17.6x revenue.
ManTech International was taken private by Carlyle Group
ManTech International was taken private by Carlyle Group for $3.9B at 1.7x revenue.
Computer Services was acquired by Bridgeport and Centerbridge
In August, transaction processing and integration services firm Computer Services was acquired by Bridgeport and Centerbridge for $1.6B at 4.7x revenue.
Telus acquired Lifeworks for $1.7B
In February, Telus acquired outsourced employee benefits plan consulting company Lifeworks for $1.7B. Telus will combine LifeWorks with its Telus Health unit that connects patients with physicians virtually through its mobile apps such as Akira and Babylon.
Teraco Dat was bought by Digital Realty
South Africa-based Teraco Data, a provider of vendor neutral, carrier neutral and wireless colocation services, was bought for $1.7B by Digital Realty.
MoneyGram was acquired by Madison Dearborn Partners
In March, electronic payment processing company MoneyGram was acquired by Madison Dearborn Partners for $998M at 1.4x revenue.
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