Chicago's GTCR beats European buyout bids for Callcredit
from Financial News
GTCR has agreed to buy Callcredit from European mid-market buyout firm Vitruvian Partners. The U.S. firm beat an early bid for Callcredit from Permira and a later stage bid from Charterhouse Capital Partners, according to two separate people familiar with the matter. Although financial terms of the deal were not disclosed, it is understood that GTCR will pay in excess of £480 million for the company.
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