According to press reports, Candover and Cinven, the owners of Springer Science and Business Media, are making progress on divesting a minority stake in the business for about EUR 400m, with several major buyout houses said to be interested in a possible acquisition.
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