Arcadis NV (ENXTAM:ARCAD) entered into an agreement to acquire Dps Group Inc. for an enterprise value of approximately €300 million on October 5, 2022. The acquisition of DPS will be for a cash consideration of €232 million or an enterprise value of around €295 million. The transaction will be fully debt financed. The existing bridge loan facility of Arcadis for the acquisition of IBI Group has been increased, next to drawing from unused committed credit facilities and utilizing available cash. Arcadis NV applied for and received a bridge loan facility of €750 million to acquire both IBI Group and DPS Group, second tranche of €150 million in November 2022 for acquisition of DPS. The transaction is subject to customary completion conditions, including regulatory approvals. DPS Group generated €289 million of net revenues in 2021. Arcadis expects the transaction to close before the end of 2022. Ernst & Young Transaction Services France acted as legal advisor to Arcadis in the ttransaction.

Arcadis NV (ENXTAM:ARCAD) completed the acquisition of Dps Group Inc. on December 1, 2022.