BC Partners Is Said to Weigh £3 Billion Sale of Davies Group

April 25, 2024, 2:48 PM UTC

BC Partners is exploring options for its controlling stake in UK insurance services firm Davies Group, which could be valued at as much as £3 billion ($3.7 billion) in a deal, according to people familiar with the matter.

The European buyout firm has received interest from potential buyers for the company and is considering launching a sales process as soon as in the second half of the year, the people said, asking not to be identified because the information is private.

A BC Partners spokesperson declined to comment.

BC Partners took control of Davies in 2021in a deal that ...

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