The facts are sourced from an 8-K filing with the SEC via EDGAR, published June 1, 2023. As of that filing, the transaction's status is pending regulatory, indicating it had not yet closed.
A relatively large advisory roster is disclosed for this deal. BofA Securities, Inc. served as exclusive financial advisor to MoneyGram, the target, and is designated as lead on that side. On the acquirer side, Madison Dearborn Partners (MDP) retained multiple financial advisors: Goldman Sachs & Co. LLC acted as lead financial advisor to MDP, while Deutsche Bank Securities Inc., Barclays, and J.P. Morgan Securities LLC each acted as financial advisors to MDP without a lead designation specified for them individually, per the source sentence naming all four firms together.
Legal counsel is also disclosed for both sides. Vinson & Elkins LLP acted as legal counsel to MoneyGram, and Paul Hastings LLP acted as financial services regulatory counsel to MoneyGram, according to the source language. On the acquirer side, Latham & Watkins LLP, Kirkland & Ellis LLP, and Covington & Burling LLP are all named as legal counsel to MDP in the same source sentence that names the financial advisors to MDP.
Beyond identifying the transaction as a cash, take-private acquisition, the facts block provides no further detail on the specific per-share price, financing structure, or other terms of the deal.
Several key facts are not disclosed in the available record. The overall transaction value is not stated. No expected closing date is given. The facts block also does not specify which, if any, of the three non-lead MDP financial advisors or the three MDP legal advisors played a more senior role relative to the others; they are simply listed together in the source sentence.