BC Partners Faces Managers’ Unrest at €6 Billion Media Firm (1)

A rift is opening between top managers at United Group BV, a sprawling European telecom and media firm, and private equity owner BC Partners LLP after the alternative asset manager fired the company’s founder and chief executive officer.

Fourteen United executives wrote a letter to the board earlier this week voicing their “deep concerns regarding the recent leadership changes” and demanding “immediate action to reinstate” the pair, according to a letter seen by Bloomberg News. Founder Dragan Šolak, who was chairman of the advisory board, and CEO Viktoriya Boklag were dismissed in June.

Jan Willem De Groot, ...