EQT to acquire digital consultancy firm Perficient for about $3 billion (updated)

Perficient

05/05/2024 23:03

(Adds details from statement paragraph 2 onwards)
       May 5 (Reuters) - Swedish private equity firm EQT AB
 EQTAB.ST  will acquire U.S.-based digital consultancy firm
Perficient  PRFT.O  in a deal valued at about $3 billion in an
all-cash transaction that will take the company private, the
companies said in a statement on Sunday. 
    EQT will pay $76 per share in cash to Perficient's common
stockholders, the companies said, adding that the deal has been
unanimously approved by Perficient's board. 
    Perficient's shares will no longer trade on the Nasdaq stock
exchange after the deal closes, the companies said in a
statement. 
    Tom Hogan will continue as chief executive of the digital
consultancy firm that has over 40 global locations, the
statement said. 
        
  

 (Reporting by Gursimran Kaur in Bengaluru; Editing by Lisa
Shumaker)
 ((GursimranKaur.Mehar@thomsonreuters.com;))