Brief: Wavestone Acquires Everest Group's U.S. Consulting Practice

Wavestone SA

10/05/2021 06:50

May 10 (Reuters) - Wavestone SA  WAVE.PA :
    * WAVESTONE ACQUIRES EVEREST GROUP'S U.S. CONSULTING PRACTICE
    * ACQUISITION PRICE AMOUNTS TO $10.1 MILLION (EUR 8.3 MILLION) IN ENTERPRISE
VALUE
VALUE, TO WHICH MAY BE ADDED A PRICE SUPPLEMENT OF UP TO $5.1M
    * ACQUISITION IS FINANCED ENTIRELY IN CASH, FROM WAVESTONE'S OWN FUNDS
    * EVEREST GROUP CONSULTING WILL BE INTEGRATED INTO THE CONSOLIDATED ACCOUNTS
OF
WAVESTONE AS OF MAY 1

Source text for Eikon:  ID:nACT69155 
Further company coverage:  WAVE.PA 

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