Final bids for Survitec due imminently
Carlyle Group, Permira and Warburg Pincus are in the running to acquire survival technology group Survitec in a secondary buy-out supported by around £150m of term debt, as the second round of bidding draws to a close this week.
The last of the second round bids is due in on Monday or Tuesday, with two already submitted late last week, said one leveraged finance banker.
Montagu Private Equity is looking to sell the business. A buy-out would be financed with about £150m of term debt, split into A
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