Private equity-backed Swiss sports marketing company Infront Sports & Media has reportedly been approached by a number of potential new investors.
Bridgepoint and the company have kicked off a review of different options for the company “to find the appropriate support for its next phase of growth,” CEO Philippe Blatter said in a letter to clients, according to Reuters.
“Encouragingly, a substantial number of organisations have already actively expressed their interest in supporting the company, which makes us consider the overall current market situation as favourable for this review,” said Blatter.
Bridgepoint acquired Infront for €550m in 2011 and plans to expand the business by launching new locations and developing new services.
In July it was reported that Bridgepoint was seeking looking to secure a further €155m of loans for a dividend recapitalisation of Infront.
The firm’s recent deals include the acquisition of a majority interest in Inspired Thinking Group from ISIS Equity Partners for £28m.
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