Bridgepoint has agreed to acquire a majority stake in German laboratory testing specialist GBA Group from private equity firm Ardian in a transaction valuing the business at more than €1bn, according to a report by Reuters citing an unnamed person familiar with the deal.
The acquisition marks another significant investment by Bridgepoint in the testing, inspection and certification (TIC) sector, an area that has continued to attract private equity capital as regulatory requirements tighten and d...
Continue Reading
Sign up for FREE to read the full article and access 150K+ alternative investment headlines.