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.
GP is deploying capital from its Fund VII, which held a final close in 2017 on its €15.5bn hard-cap
GPs deploy an extra €4bn in aggregate value across European buyouts in the first two months of the year compared to 2017
Manuloc acquires Francetruck, a French heavy-handling equipment rental and maintenance service
Atex's management team will retain a minority stake and stay on with the company