OMERS, Harvest Partners strike $1B deal to take Epiq private
July 28, 2016
OMERS Private Equity and Harvest Partners have agreed to acquire Epiq Systems (NASDAQ: EPIQ) for $16.50 per share in cash, a 14% premium over the stock’s closing price on Tuesday. Including debt, the deal is valued at about $1 billion. The buyers reportedly intend to merge Epiq, a provider of legal software, with DTI, a legal-process outsourcing business.