Target: DPA Group
Advisory DPA Group: AXECO | M&A Advisory
Allen & Overy | Legal Advisory Corporate M&A
Rabobank | ECM Advisory
Seller: DPA Group shareholders
Involved Gilde Equity Management
Advisory Gilde: Kempen | M&A Advisory
Simmons & Simmons | Legal Advisory Corporate M&A
Linklaters | Legal Advisory Corporate M&A
Gilde Equity Management | Private equity management
CFF Communications | PR Consultancy
Date announced: 2021-03-02

DPA Group, a Dutch secondment company, and Gilde Equity Management, a Dutch private equity investment firm, have reached an agreement on a recommended, fully funded, public offer by an entity owned by Gilde for all issued and outstanding ordinary shares of DPA at an offer price of EUR 1.70 (cum dividend) in cash per share (the offer). The offer price represents a premium of approximately 23.2% to DPA’s volume-weighted average price per share over the last 6 months of EUR 1.38. The offer price values 100% of the shares at approximately EUR 79.8 million. Approximately 66.4% of DPA’s current shareholders have agreed to tender their shares in the offer.

Source Mena
Press release DPA