M&A
confidence high
sentiment neutral
materiality 0.90
HireRight Holdings Corp: M&A transaction — HireRight completes $1.7B all-cash acquisition by General Atlantic and Stone Point Capital
HireRight Holdings Corp
- Stockholders received $14.35 per share in cash; total enterprise value ~$1.7B.
- Common stock delisted from NYSE; deregistration to follow.
- New $300M incremental term loan added under credit agreement; total term loans $1.044B.
- Board replaced; officers of company continue with surviving corporation.