BC Partners to Acquire Springer Science for $4.4 Billion

BC Partners Ltd., a London-based private-equity firm, agreed to buy German academic publisher Springer Science & Business Media GmbH for 3.3 billion euros ($4.4 billion) from EQT Partners AB and the Government of Singapore Investment Corp.

The deal follows months of discussions over Springer Science’s future and means the publisher won’t be taken public, contrary to what EQT said as recently as last week. EQT, a buyout firm part-owned by Sweden’s Wallenberg family, and GIC will remain minority investors, BC said today in a statement.