HP Inc. (NYSE:HPQ) entered into a definitive agreement to acquire Teradici Corporation from Pender Private Investments Inc., managed by GrowthWorks Ltd. and others for approximately $280 million on July 27, 2021. The consideration is subject to customary working capital and other adjustments. Transaction is pending regulatory review and other customary closing conditions. The transaction is expected to close in fourth quarter of 2021. BofA Securities, Inc. acted as financial advisor to Teradici in the transaction.