MINNEAPOLIS–(BUSINESS WIRE)– Piper Sandler & Co. chemicals & materials investeringsbankgroep (The Valence Group) heeft EverArc Holdings geadviseerd over de aangekondigde overname van 100% van Perimeter Solutions van SK Capital.

EverArc Holdings Limited (LSE: EVRA / EVWA) heeft een definitieve overeenkomst gesloten met SK Invictus Holdings S.à.r.l. een dochteronderneming van fondsen geadviseerd door SK Capital Partners, om 100% van SK Invictus Intermediate S.à.rl te verwerven, het uiteindelijke moederbedrijf van Perimeter Solutions, een toonaangevende wereldwijde fabrikant van hoogwaardige brandbestrijdingsproducten en smeermiddeladditieven, voor een totale vergoeding van ongeveer $ 2 miljard, bestaande uit contanten en preferente aandelen, onderhevig aan de gebruikelijke sluitingsvoorwaarden. De transactie wordt naar verwachting in het vierde kwartaal van 2021 afgerond.

Piper Sandler Advises EverArc on its Acquisition of Perimeter Solutions

MINNEAPOLIS–(BUSINESS WIRE)– Piper Sandler & Co. chemicals & materials investment banking group (The Valence Group) has advised EverArc Holdings on its announced acquisition of 100% of Perimeter Solutions from SK Capital.

EverArc Holdings Limited (LSE: EVRA / EVWA) has entered into a definitive agreement with SK Invictus Holdings S.à.r.l. an affiliate of funds advised by SK Capital Partners, to acquire 100% of SK Invictus Intermediate S.à.r.l., the ultimate parent company of Perimeter Solutions, a leading global manufacturer of high-quality firefighting products and lubricant additives, for total consideration of approximately $2 billion, consisting of cash and preferred shares, subject to customary closing conditions. The transaction is expected to close in Q4 2021.

EverArc Holdings Limited (LSE: EVRA / EVWA) is a publicly-listed acquisition company that was formed in November 2019 to undertake an acquisition of a target company or business.

Perimeter is a leading global manufacturer of high-quality firefighting products and lubricant additives. The Fire Safety business includes formulation and manufacturing of fire management products along with services and pre-treatment solutions for managing wildland, military, industrial and municipal fires. The Oil Additives business produces high quality phosphorous pentasulfide (“P2S5”) utilized in the preparation of zinc dialkyldithiophosphate (“ZDDP”)-based lubricant additives, providing critical anti-wear solutions for end customers.

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