BC Partners to buy Presidio in take-private deal for about $2.1 bln
BC Partners has agreed to acquire New York City-based Presidio, an IT solutions provider, for about $2.1 billion. The deal is expected to close in the fourth quarter of 2019. Upon completion of the transaction, Presidio will no longer trade on the NASDAQ. LionTree Advisors is acting as financial adviser to Presidio while Citi, J.P. Morgan Securities LLC and RBC Capital Markets are doing likewise to BC Partners.
14 August 2019•5 mins read
