IFLR1000

Epiris £206 million acquisition of IFG Group

25/3/2019
Public acquisition
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£ 206 million

$ 271.536 million

Announced

25/3/2019

Overview:

  • UK private equity firm Epiris is set to take over financial services firm IFG Group for £206 million.
  • Epiris has agreed to pay £1.93 for each IFG share - a 46% premium on its closing share price on Friday.

Rajeeb Gurung - Researcher

Jurisdiction:

Ireland

Deal type:

Public acquisition

Practice areas:

Private equity
M&A

Industry sector:

Financial services

Firms:
Macfarlanes

Party: Epiris (Acquirer)

Lawyers: Kirstie Hutchinson, Richard Burrows, Stephen Drewitt

Matheson LLP

Party: IFG Group (Seller)

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