Apax Partners has emerged as a leading contender to acquire UK exhibitions and events group CloserStill Media from fellow buyout firm Providence Equity Partners, in a deal that could value the business at more than £1.2bn, according to a report by Reuters.
Providence Equity Partners acquired its majority stake in CloserStill in 2018 from a consortium including Inflexion Private Equity, NVM Private Equity, and management shareholders, in a deal valued at approximately £340m. The prospective sale...
Continue Reading
Sign up for FREE to read the full article and access 131K+ alternative investment headlines.