Charterhouse Capital Partners to acquire Tarsus Group for £668m.

Private equity firm Charterhouse Capital Partners offered to acquire Tarsus Group, an international business-to-business media group with interests in exhibitions, conferences, publishing and online media, for £668m. The offer represents a premium of approximately 36.2%. Commenting on the Acquisition, Neville Buch, Tarsus's Chairman, said: "I am delighted to announce that the Independent Tarsus Directors have reached agreement with Charterhouse on the Acquisition. We believe that the Acquisition provides significant value for Tarsus's shareholders, whilst ensuring that Tarsus can continue its journey as a leading exhibitions business with an owner that can provide the capital and industry experience to support Tarsus's future growth. We believe that the Acquisition is in the interests of Tarsus's shareholders, employees and customers and we look forward to seeing Tarsus continue to grow going forward."