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Sale of Education and Adventure Travel Group reaches final stage
publication date: Mar 31, 2008
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author/source: Ed Tranham
Media reports suggest that bidding for the Education and Adventure Travel Group (EATG), put up for sale in January by Bowmark Capital, is now approaching a shortlist. Private equity companies European Capital, Graphite, AAC Capital, Advent, HBOS and CCMP, together with some trade buyers, are believed to be vying to make the final stage. EATG, which owns Kingswood and the School Travel Group, is valued at between £100m and £150m. |