Vista to acquire DH Corp. for $2.03 billion

Vista Equity Partners LLC has agreed to acquire DH Corp. in a deal  valued at C$2.73 billion ($2.03 billion).

The C$25.50 per share cash offer announced yesterday  represents an 11 percent premium above DH Corp.’s closing price on Friday, March 10, 2017 of C$23.04 a share.

According to Bloomberg, Vista is paying about 15.5 times DH Corp’s trailing 12 month earnings before interest, taxes, depreciation and amortization.

According to  Bloomberg, the deal brings the total value of private equity transactions involving Canadian targets this year to about $3.5 billion, slightly above the $3.1 billion announced during the same period in 2016.


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