Bridgepoint, the midmarket UK private equity group, has emerged as a new bidder in the race for a portfolio of investments being sold by Lloyds Banking Group. Bridgepoint has teamed up with Lexington Capital to bid for the integrated finance business built up by HBOS, in competition with other buy-out firms including 3i and Coller Capital. Lloyds has been wanting to sell the integrated finance division since last spring but postponed the process.

This entry was posted by Gwen Robinson on Wednesday, February 10th, 2010 at 4:57 and is featured in The 6am Cut London (10 Feb 2010) . Tagged with bridgepoint, Lexington, Lloyds Banking Group. Edit this entry.