UK - 3i sells stake in Corpro to SCF Partners
3i has sold its 49.5% stake in oilfield services company Corpro to SCF Partners. The exit generated an IRR of 22% for 3i, which backed the ТЃ2m management buyout of the company in 1998. Since the deal, Corpro has expanded internationally and now operates in most major oilfield locations.
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