Capita to sell 75% stake in Fera Science to Bridgepoint Group for £60m
Capita plc announced a significant transaction, agreeing to sell its 75% stake in Fera Science Limited (‘Fera’) to Bridgepoint Group plc for an enterprise value of £60m, cash-free and debt-free. This deal places the total value of the joint venture at £80m, translating to a 10.8x multiple based on Fera’s 2022 standalone EBITDA of £7.4m. […]