Altran Agrees to Acquire Aricent

On November 30th, 2017, Altran Technologies S.A. (EPA:ALT) (“Altran”), a global provider of engineering and research and development services (“ER&D”), entered into a definitive agreement to acquire KKR-backed Aricent Inc. (“Aricent”), an international digital design and engineering company, for a total enterprise value of €1.7 billion or $2.0 billion. The deal is all-cash and is expected to close in Q1 2018. The combined company will employ around 44,000 people across about 30 countries generating close to €3.0 billion in revenues.

Read the Deal Profile – Altran Agrees to Acquire Aricent