
UK - Permira portfolio company acquires Hayley Conference Centres from 3i
3i has exited Hayley Conference Centres in a £385m deal which sees Permira-backed Principal Hotels acquire the nine-strong conference centre chain. 3i acquired Hayley Conference Centres in a £180m secondary buyout from Legal and General Ventures in September 2005. LGV invested £17m in Milton Keynes-headquartered Hayley in 2000.
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