BC Partners has made a binding offer of $1.3bn to Electra Partners for its French animal tags business Allflex, following an intense auction process that attracted bids from a dozen private equity firms.
The sale of Allflex to BC Partners will generate a gross return of 15x original cost over 14 years of investment and an IRR of 28% for Electra. The total gross proceeds for Electra and its investors...
GP closes fundraising activity for its food-dedicated veicle after three years on the market
Deal will fund the launch of the online aggregation and price comparison platform's insurance products
The £5m growth funding was provided together with Hargreave Hale
Indufin is taking over from ING as the main investor in the software group