Intrepid Bidco posts offer document for Inspired plc acquisition

Published 11/07/2025, 07:22
Intrepid Bidco posts offer document for Inspired plc acquisition

LONDON - Intrepid Bidco Limited has published its offer document for the previously announced acquisition of Inspired plc, according to a statement released on Friday.

The document details the recommended cash offer through which Bidco, a newly formed company indirectly owned by funds managed by HGGC, LLC and its affiliates, seeks to acquire the entire issued and to be issued share capital of Inspired.

The offer document has been made available to Inspired shareholders, participants in the Inspired Share Plans, holders of Inspired Warrants, Inspired CLNs, and persons with information rights. For shareholders who hold their shares in certificated form, a related Form of Acceptance was also provided.

The offer will remain open for acceptance until 1:00 p.m. London time on September 9, 2025, though this date may be adjusted in accordance with the Takeover Code.

Shareholders holding certificated shares must complete and return the Form of Acceptance along with share certificates and other required documents to Equiniti Limited by the deadline. Those with uncertificated shares should submit their acceptance electronically through CREST.

The boards of directors of both companies had previously announced on June 26, 2025, that they had reached agreement on the terms of this recommended cash offer.

The offer document is available on Bidco’s website at www.hggc.com/announcement and on Inspired’s website at https://inspiredplc.co.uk/investors/, according to the press release statement.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.