Perficient to be acquired by EQT Asia affiliate for $76.00 per share in cash

PERFICIENT INC

All-cash consideration of $76.00 per share; premium to recent trading price.
Equity commitments of ~$2.23B from EQT Asia/Wallbrook; debt financing of $935M term loan + $200M revolver.
Unanimous board approval; requires stockholder vote, HSR and CFIUS clearances.
Company termination fee ~$81.3M; parent termination fee ~$162.6M.
Closing no earlier than July 5, 2024; drop-dead Feb 5, 2025 (extendable to May 5, 2025).

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

PERFICIENT INC entered into Agreement and Plan of Merger with Plano HoldCo, Inc. and Plano BidCo, Inc. valued at $76.00 (effective 2024-05-05).

Action: entry
Agreement: merger
Counterparty: Plano HoldCo, Inc. and Plano BidCo, Inc.
Value: $76.00
Effective: 2024-05-05

Exact text from the filing

On May 5, 2024, Perficient, Inc., a Delaware corporation (the “ Company ” or “ Perficient ”), entered into an Agreement and Plan of Merger (the “ Merger Agreement ”) with Plano HoldCo, Inc., a Delaware corporation (“ Parent ”), and Plano BidCo, Inc., a Delaware corporation and a wholly owned subsidiary of Parent (“ Merger Sub ”).

View on SEC.gov

292 material agreements filed in the last 30 days. Browse all material agreements →

Source: SEC EDGAR

accession 0001193125-24-131525

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.