HBI Deals+Insights / M&A/IPOs

Cinven scoops Labco (revised story)

Private equity house Cinven is to buy Labco for an enterprise value of just €1.2bn. The news came two weeks after Labco’s IPO failed. We reflect here on the EBITDA multiple and at what this means for the rationalisation of the European market. Who will Cinven buy next?

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