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.
CM-CIC started backing the Le Normandy group in 2000, structuring a €9.3m financing round
Investment will come from Bregal's Jersey-based €550m DACH fund, Bregal Unternehmerkapital LP
Private medical insurance broker was the first investment from the GP's £150m second fund
Following resignation of its chair and CEO, the GP is now looking for an international backer