The Gores Group Acquiring Three Davis + Henderson Businesses

The Gores Group has agreed to acquire three business units from Davis + Henderson (TSX: DH), focused on (i) business process outsourcing, (ii) coupon and rebate processing and (iii) real estate software. The three units will operate under the newly-formed Millennium Process Group and be headquartered in East Mall, Ontario. Regional offices in Saint John, New Brunswick and London, Ontario will remain in place servicing the Canadian coupon and real estate markets. The transaction, which was led by The Gores Small Capitalization Partners fund, is expected to close in the second quarter of 2013.

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