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BC Partners sues former portfolio company Seat Pagine

7 May 2014

courthouse_lrgLondon-based private equity firm BC Partners has filed a lawsuit against its former portfolio company Seat Pagine, which is currently in administration.

The lawsuit against the Italian directories publisher was filed in London on April 29, according to court documents. mThe court papers did not reveal any further details.

Seat Pagine has taken legal action against its former board members, which it said were responsible for €2.4bn of damages.

The company was acquired in a €5.7bn deal by private equity firms CVC, Permira, BC Partners and Investitori Associati.
BC exited its stake in Seat Pagine in 2008.

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