M&A Deal Summary

Brookfield Business Partners Acquires CDK Global

On April 7, 2022, Brookfield Business Partners acquired information technology company CDK Global for 8.3B USD

Acquisition Highlights
  • This is Brookfield Business Partners’ 1st transaction in the Information Technology sector.
  • This is Brookfield Business Partners’ 2nd largest (disclosed) transaction.
  • This is Brookfield Business Partners’ 4th transaction in the United States.
  • This is Brookfield Business Partners’ 1st transaction in Illinois.

M&A Deal Summary
Date 2022-04-07
Target CDK Global
Sector Information Technology
Buyer(s) Brookfield Business Partners
Deal Type Add-on Acquisition
Deal Value 8.3B USD
Advisor(s) Morgan Stanley (Financial)
Paul, Weiss, Rifkind, Wharton & Garrison (Legal)

Target

CDK Global

Hoffman Estates, Illinois, United States
CDK Global is a provider of integrated information technology and digital marketing solutions to the automotive retail industry. CDK Global was established in 2014 and is based in Hoffman Estates, Illinois.

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Buyer(S) 1

Buyer

Brookfield Business Partners

Hamilton, Bermuda
Category Company
Sector Business Services
Employees67,315
Revenue 55.1B USD (2023)
DESCRIPTION

Brookfield Business Partners acquires high-quality businesses and applies its global investing and operational expertise to create value, with a focus on profitability, sustainable margins, and sustainable cash flows. Brookfield Business Partners has the flexibility to invest across multiple industries and through many forms. Brookfield Business Partners is based in Hamilton, Bermuda.

DEAL STATS #
Overall 8 of 8
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 4 of 4
State (Illinois) 1 of 1
Country (United States) 4 of 4
Year (2022) 3 of 3
Size (of disclosed) 2 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-29 Nielsen

New York, New York, United States

Nielsen is a global information and measurement company that provides clients with a comprehensive understanding of consumers and consumer behaviour. Nielsen delivers critical media and marketing information, analytics, and industry expertise about what consumers buy and what consumers watch (consumer interaction with television, online and mobile) on a global and local basis. Nielsen was founded in 1923 and is based in New York City.

Buy $16.0B
Mergr

Product

Company

Legal