Friday 18 August 2017

Partners Group: what next for Civica?

Partners Group logoFollowing its agreement to acquire Civica, which was signed at the end of July (see ‘Unicorn’ Civica finds new Partners for its journey), we caught up with Partners Group to learn more about the investment and its plans for the business.

Partners Group is a global player that has made PE investments across a wide range of industries, including consumer, IT, healthcare and business and financial services, typically with businesses at the upper end of mid-market.

Prior to the Civica deal it had completed two PE acquisitions in the UK. In 2014, it was part of a consortium in the £375m acquisition of Voyage Care, which provides specialist residential services for people with learning and physical disabilities, and in April this year it acquired Key Retirement Group, a retirement and financial planning specialist for c.£200m.

TechMarketView spoke to Bilge Ogut, Managing Director, Private Equity Europe, about why Partners Group agreed to acquire Civica for £1,055m. Read more here...

Posted by Dale Peters at '09:54' - Tagged: acquisition   PE