CHAMP PE sells off Blue Star’s Australian operation
CHAMP Private Equity is said to have exited the Australian arm of printing and communications company Blue Star Group to a consortium including Wolseley Private Equity and CaxtonWeb. Blue Star’s New Zealand operations area also expected to be sold off.
The business was put up for sale in July after winning the support of senior lenders to review options regarding a whole or partial sale. Goldman Sachs was appointed to manage the process. CHAMP acquired...
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