Reuters logo
BRIEF-CVC Capital to buy majority stake in Executive Centre from Headland
May 21, 2014 / 8:16 AM / 4 years ago

BRIEF-CVC Capital to buy majority stake in Executive Centre from Headland

May 21 (Reuters) - CVC Capital Partners Ltd :

* CVC Capital Partners agrees to acquire a majority stake in the Executive Centre Ltd from Headland Capital Partners

* Funds advised by headland will retain a minority ownership in business

* CVC Capital was advised by PWC, Bain & Co, Freshfields Bruckhaus Deringer and Clifford Chance. Management was advised by Norton Rose Fulbright

* Completion of transaction is expected to take place at end of May 2014

* Headland was advised by Allen & Gledhill

* Fully committed debt financing is being provided by HSBC and Babson Capital

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below