Bregal has hired Morgan Stanley to oversee a process to sell its Swiss industrial adhesives business ATP Adhesives Systems after only two years since acquiring it, four sources familiar with the situation have said.
EQT IX is expected to be 70-75% invested following the deal
Previous fund held a final close in 2012 with capital commitments of USD 840m
MoU marks LBO France's first foray into the Chinese market, with plans to open a local office
ECI bought the asset from Phoenix less than three years ago