Deals
Bridgepoint Said to Weigh Sale of Finnish Clean Tech Firm Evac
- Buyout firm is working with Citigroup on potential divestment
- Sale could value the waste management firm at €500 million
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Bridgepoint Group Plc is considering a sale of Evac that could value the Finnish clean technology firm at around €500 million ($521 million), people with knowledge of the matter said.
The UK buyout firm is working with Citigroup Inc. on the potential divestment, said the people, who asked not to be identified as information is private. A formal sale process, which could draw other private equity firms, is expected to start later this year, the people said.