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Transactions / A•••••••

P••••••• led consortium confirms sale of A••••••• to Ceridian, a Leading Human Capital Management Provider

Platform acquisitionannouncedannounced Mar 28, 2023Fact
What happened
Platform
not an add-on on record
Control
Control
Share acquired
unknown
Industry
technology / technology
Target location
unknown
Seller kind
unknown
Rollover
unknown
Values, only where disclosed
Enterprise value
Not disclosed
Purchase price
Not disclosed
Equity value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
Multiple
Not disclosed
Parties and roles
3 named
Buy side
  • A••••• G•••Deal partnerconfirmed
    A••••• G•••, Managing Director of P•••••••, said: “A merged A••••••• and Ceridian will provide the most comprehensive payroll and human capital management solutions in the region.”
  • P••••••• today confirmed it had reached an agreement with Ceridian (NYSE: CDAY; TSX: CDAY), a global leader in human capital management (HCM) technology, to enter into a definitive share sale agreement to acquire its business A•••••••, a leading payroll and HR solutions provider in Asia Pacific Japa
Side not stated
  • A•••••••Targetconfirmed
    P••••••• today confirmed it had reached an agreement with Ceridian (NYSE: CDAY; TSX: CDAY), a global leader in human capital management (HCM) technology, to enter into a definitive share sale agreement to acquire its business A•••••••, a leading payroll and HR solutions provider in Asia Pacific Japa
Evidence
P••••••• today confirmed it had reached an agreement with Ceridian (NYSE: CDAY; TSX: CDAY), a global leader in human capital management (HCM) technology, to enter into a definitive share sale agreement to acquire its business A•••••••, a leading payroll and HR solutions provider in Asia Pacific Japan (APJ).
P••••••• led consortium confirms sale of A••••••• to Ceridian, a Leading Human Capital Man | Private Equity Intelligence | DFX