LONDON, UK: Capita plc has agreed to sell its 75% stake in Fera Science Limited to Bridgepoint Group plc, for an enterprise value of £60m on a cash-free, debt-free basis. The deal values the total joint venture at £80m and represents a 10.8x multiple on a 2022 standalone EBITDA of £7.4m. The sale of Capita’s…
Tag: Bridgepoint Group
Apollo Funds to acquire Miller Homes from Bridgepoint Group
NEW YORK: Apollo Funds has entered into a definitive agreement to acquire Miller Homes from Bridgepoint Group. Financial terms were not disclosed. Established in 1934, Miller Homes is a premier homebuilder in the U.K. with a focus on building high-quality family homes in regional markets in England and Scotland. On track for a record 2021,…