It is understood that BC Partners has reached exclusivity in its bid to acquire estate agency chain Foxtons. The deal values the primarily London-focussed agency at £400m. In a process run by Credit Suisse, BC Partners beat off competition from other interested parties including 3i and TA Associates. The deal represents an exit for founder Jon Hunt who opened his first office in 1981.
Raidlight and Vertical were since 2016 owned by Rossignol Group, a French winter sports group, which is owned by PE firm Altor
Company's founders Rodolphe and Edouard Carle will retain a minority stake in the business
Microwave components producer was acquired from its parent company Meyer Burger Technology
GP reportedly pays €1bn for the two stakes in the parcel delivery firm