Energy Capital Partners has been acquired by Bridgepoint Group in a deal worth $1.05bn. With ECP, Bridgepoint adds an infra leg to its PE and credit businesses.
'You need high-quality A-plus assets with good growth, strong customer retention, a differentiated offering and profitability with good free cashflow conversion.'
Tac Opps, at home in periods of dislocation, is ready to seize on multiple deal opportunities following 'the fastest and highest rate rise in history,' global head David Blitzer says.
'Large conglomerates are looking at their balance sheet, liquidity, cash situations and focusing in again on their core business, creating opportunity for private equity,' said von Niederhaeusern.