Bridgepoint has sold its 85% shareholding in ERFTCARBON, the German producer of graphite and carbon products, to the Japanese company Tokai Carbon Co. The sale and purchase agreement was signed today, April 18, 2005 in Düsseldorf, Germany. The transaction, whose consideration is undisclosed, is subject to final approval of competition authorities.
Tilney, the asset management company focused on high net worth private clients and with funds under management of over £5 billion, has been acquired by Bridgepoint for an undisclosed sum.
CAS Services Limited (CAS) and MDS International Inc, two companies providing clinical decision support software, have been acquired by an international consortium of institutional investors comprising of Allco Finance Group, Bridgepoint and Benchmark Capital.
Bridgepoint has been named European mid-market firm of the Year in the Global Private Equity Awards for 2004. The awards, organised by Private Equity International and PrivateEquityOnline.com, recognise excellence in a variety of fields.
Bridgepoint is acquiring a majority shareholding in Attendo AB and is submitting a recommended bid for the remaining shares and convertibles. The acquisition of the shares and convertibles from the current principal owners comprises about 89.4 percent of the total voting rights in the company after full dilution. The acquisition and the recommended bid amount to a total value of SEK 2.2 billion (c. €245 million).