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New Deal


Announced

Completed

BlackFin Capital Partners completed the acquisition of a majority stake in Groupe CIR from Bridgepoint.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
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Completed

Single Bidder

Construction Services

France

Domestic

Acquisition

construction company

Majority

Private Equity

Private

Synopsis

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BlackFin Capital Partners, a European investor in the financial services sector, completed the acquisition of a majority stake in Groupe CIR, a provider of savings products based on underlying city-center real estate, from Bridgepoint, a British private investment company. Financial terms were not disclosed. "Capitalizing on our Group’s unique positioning in France, we are keen to participate in growth of a savings market fueled by strong demand from private and institutional investors by proposing a broad range of high-quality and environmentally sustainable investment opportunities based on underlying real-estate assets," Franck Temim, Groupe CIR CEO.

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