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Gamma Communications agrees to £1bn takeover by Epiris
Gamma Communications has agreed to a cash acquisition by the private equity firm Epiris in a deal valued at approximately £1.015 billion. The takeover, executed through Bradbury Bidco Limited, would take the B2B communications provider private.
The offer provides shareholders with £11.20 per share, representing a 53 per cent premium over the company's share price on April 7. The total enterprise value of the transaction is estimated at roughly £1.079 billion. Gamma's board has unanimously recommended the deal, stating it provides attractive and certain value for shareholders.
Epiris highlighted Gamma's strong market positions in the United Kingdom and Germany, as well as its relationships with small and medium-sized enterprises. The firm intends to drive further growth through increased investments in innovation, new products, and the application of artificial intelligence. While the Epiris offer has been accepted, Waterland maintains the right to submit a rival bid until September 18.
Entities
Bradbury Bidco Limited · Epiris · Gamma Communications · Ian Wood · Martin Hellawell
Claims
What the coverage asserts, and how many sources carry each claim.
- [○ 1 SOURCE] Shareholders will receive £11.20 per share in cash. mobilenewscwp.co.uk
- [○ 1 SOURCE] The acquisition will be made by Bradbury Bidco Limited, a company controlled by funds managed by Epiris. www.mobileeurope.co.uk
- [● 2 SOURCES] The deal values Gamma's equity at approximately £1.015 billion. mobilenewscwp.co.uk · www.mobileeurope.co.uk
- [● 2 SOURCES] The total enterprise value of the acquisition is estimated at around £1.079 billion. mobilenewscwp.co.uk · www.mobileeurope.co.uk
- [● 3 SOURCES] Epiris intends to invest in new products, innovation, and AI to accelerate Gamma's growth. itchannelpro.nl · mobilenewscwp.co.uk · www.mobileeurope.co.uk
- [● 2 SOURCES] Gamma Communications' board has unanimously recommended the cash offer to shareholders. mobilenewscwp.co.uk · www.mobileeurope.co.uk
- [● 2 SOURCES] Gamma Communications is a major B2B communications provider with significant operations in the UK and Germany. mobilenewscwp.co.uk · www.mobileeurope.co.uk
- [○ 1 SOURCE] Waterland retains the opportunity to make a rival bid until September 18. mobilenewscwp.co.uk