LGV Capital has agreed to sell Classic Hospitals Group, the UK’s sixth largest private acute hospital operator, to Spire Healthcare (formerly BUPA Hospitals), which is controlled by funds managed by Cinven, for £145m. Classic Hospitals owns and operates ten high quality private acute hospitals. Collectively Classic Hospitals has approximately 370 beds and employs over 2,000 staff.
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater