Deal focus: Tricor attracts a scarcity premium
Permira fought off the competition to secure Hong Kong-headquartered corporate and investor services provider Tricor Global. Now the GP plans to pursue a buy-and-build strategy
The HK$6.47 billion ($835 million) Permira will pay for Tricor Holdings - at a valuation of 15x EBITDA - underlines the appeal to private equity of companies in the corporate and investor services space...
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