Pension liabilities are of increasing concern to buyout practitioners, who need to mitigate risks and ensure they can reach agreement with stakeholders.
unquote's Emanuel Eftimiu hosts a roundtable, in association with Grant Thornton, discussing the common pitfalls facing private equity teams buying companies with employee pension schemes and how best to resolve any issues.
Buyout teams must ensure they understand the risks involved in a pension scheme, and what impact an acquisition could have.
They should also ensure they maintain dialogue with trustees, to reassure those concerned about the impact of a buyout on cashflow, and ensure stakeholders are not sidelined.
Deal will be the second add-on acquisition for Danoffice since Agilitas's buyout of the company in November 2017
Bowmark will provide additional funding of £100m to fund the company's add-ons acquisitions
Exit represents an 18x return on Octopus's initial investment and a 9x return on its total investment
Deal follows M&A litigation initiated after coronavirus uncertainty and financing difficulties