According to reports, CVC Capital Partners and Carlyle have teamed up for a EUR 5bn bid for cable networks operator Kabel Deutschland, a portfolio company of Providence Equity Partners. The buyout might see banks provide between EUR 3.5bn and EUR 4bn of debt. Competing bids are said to be readied by both Advent International and BC Partners.
Belgian GP plans to back the company, according to a document by the Dutch competition authority
Fresh capital will be used to accelerate Funnel's operations in the US and invest in its technical teams
MACSF co-invested with the GP in a spin-off from Vocalcom Group, an Apax France portfolio company
Marston is a judicial services group, which recovers funds on behalf of taxpayers and businesses