UK - BancBoston makes 15x money on Aquila exit

BancBoston Capital has notched up a 15.2x net return on the sale of its shares in the UK-based Aquila Group Holdings Ltd. This tops a stellar run of exits for the firm. Returns on BancBoston Capital’s recent transactions include 6.5x on the sale of Pompe Gabbionetta S.p.A. (Italy) to The Weir Group plc; 6.0x on the sale of its interest in the Unity Brands Limited (UK) to the incumbent management; 7.4x return on the IPO of Kongsberg Automotive Holding ASA (Norway); 5.0x on the sale of Orange Romania S.A. (Romania) to France Telecom S.A.; and, over 3.0x on the sale of Menzies Hotels Group Limited (UK) to Nikko Principal Investments Ltd.