PwC’s Global Mobility Tax to get debt financing for buyout by CD&R

By Sara Rosenberg

New York, Oct. 19 – PwC’s Global Mobility Tax and Immigration Services business plans on getting new debt financing to help fund its acquisition by Clayton, Dubilier & Rice, according to a news release.

Deutsche Bank Securities Inc., JPMorgan, UBS Investment Bank, BMO Capital Markets Corp., BNP Paribas Securities Corp., Mizuho Financial Group Inc., RBC Capital Markets LLC and Societe Generale provided the financing commitment.

Closing is expected in the first half of 2022, subject to customary conditions, including completion of certain local works council consultations.

Global Mobility Tax and Immigration Services is a provider of compliance, consulting and technology services for employers and their mobile employees.

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