Deal focus: COVID-19 prompts Modern Star exit rethink
Navis Capital Partners' 3.5x return on Australian educational resources supplier reflects how the business proved resilient in the face of COVID-19, but the pandemic still played havoc with the exit process
When Navis Capital Partners put educational resources provider Modern Star up for sale last autumn, it wanted a single buyer for the entire business. The private equity firm had taken what was a primarily...
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