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Abernathy MacGregor is handing Madison Dearborn Partners’ $1.8B deal to acquire MoneyGram International, global leader in the digital person-to-person payments space.
The $11-per-share offer is a 50 percent premium over the Dec. 14 closing price, the day prior to media reports about a potential MoneyGram acquisition.
Alex Holmes, MoneyGram chief, said the MDP transaction follows a thorough review of ways to bolster shareholder value.
Partnering with MDP and becoming a private company will provide MoneyGram greater opportunities to innovate and grow, added Holmes.
MDP, which has raised more than $28B in capital since its formation in 1992, expects the deal to close during Q4.
Abernathy MacGregor’s Deirdre Walsh and Jake Yanulis handle MDP.
Edelman handles Viking Holdings, the river and ocean luxury cruise line that plans to raise $1B via an IPO priced in the $21 to $25 per share range.
Teneo is handling the initial public offering of CVC Capital Partners, one of Europe’s largest private equity firms with nearly $200B in assets under management.
Brunswick Group represents Endeavor Group Holdings as it agrees to go private via its acquisition by Silver Lake technology investment firm, which is handled by Edelman Smithfield.
Tod Donhauser, a nine-year veteran of Edelman, has joined H/Advisors Abernathy as managing director and head of its San Francisco office.
Intelligent Group Ltd, a Hong Kong-based financial PR firm, has priced its initial public offering of 1.9M shares at $4, which is the low end of the $4 to $5 range.
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