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Private Equity Eyeing JLA Group Acquisition
24 Oct
Summary
- Dalmore Capital shows interest in acquiring JLA Group.
- Apax Partners and Nordic Capital are also pursuing JLA.
- Cinven is the current owner, seeking to sell JLA Group.
JLA Group, a UK provider of commercial equipment and services, is reportedly attracting interest from multiple private equity firms. Dalmore Capital has emerged as one of the parties expressing a desire to acquire the company.
The sale process is being managed by the buyout firm Cinven, which is seeking a buyer for JLA Group. This move indicates Cinven's intention to divest its stake in the business.
Further competition for JLA Group comes from other major investment firms, including Apax Partners and Nordic Capital. Both have reportedly been actively pursuing the acquisition, suggesting a robust interest in the UK services provider.
Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
