CapVest unveils loan for Curium plan B

By Owen Sanderson
13 Oct 2020

Pre-pandemic, mid-market private equity firm CapVest was gearing up to sell its portfolio company Curium, in a €3bn auction which attracted interest from CVC, Bain and Nordic Capital. Covid collapsed the sale process, prompting a plan B for the asset — sell it to themselves.

CapVest Fund III is selling the company to CapVest Fund IV and to CapVest Strategic Opportunities Fund II, a “vehicle comprising independent capital raised specifically for the transaction”.

Healthcare companies have been particularly favoured by sponsors and lenders alike since Covid-19 hit markets, as one of the sectors that ...

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