Clarivate Plc acquired ProQuest for $4,994.3 million (net of cash acquired), a transaction announced in December 2021.
Acquired the global software, data and analytics provider to academic, research and national institutions from Cambridge Information Group, Atairos and other equityholders, greatly expanding the Science (Academia & Government) segment.
Acquired the global software, data and analytics provider to academic, research and national institutions from Cambridge Information Group, Atairos and other equityholders, greatly expanding the Science (Academia & Government) segment.
The aggregate consideration in connection with the closing of the ProQuest acquisition was $4,994,334, net of $52,514 cash acquired ... composed of (i) $1,094,901 from the issuance of up to 46,910,923 ordinary shares to the Seller Group and (ii) approximately $3,951,947 in cash.
Advisory firms were not disclosed for this transaction.