PE will underwrite a deal down to the decimal and then hire a VP of Growth like it’s a pub bet.
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Warburg already sold McGill and Partners once. To itself.
EQT is paying $2 billion for the specialty broker Warburg seeded in 2019. The more interesting sale happened in December 2024, and the buyer was Warburg.
Veritas won Bodycote by 25 pence, and the market wants a recount.
Two bids sat a penny apart for a month. Veritas found 25 more, and the shares now trade above the price that won.
Every CEO exit is a sales lead with better stationery.
