Shareholders of EpiqSystems Inc. have approved the acquisition of the company by OMERS Private Equity andfunds managed by Harvest PartnersLP.
The deal is valued at about$1.0 billion, including assumed debt obligations, with shareholders getting$16.50 in cash for each Epiq common share.
After the completion of thedeal, Epiq will become a privately held company and will be combined with DTI,a global legal process outsourcing company majority-owned by OMERS and managedby OMERS Private Equity.
The deal is expected to closeon or shortly after Sept. 30.