BC Partners in fine health and linked to another exit

So far 2011 has been a busy year for London-based BC Partners. And if press reports from Friday are correct, then it is about to exit its fourth portfolio company this year with a potential sale of the Australian and Asian arms of Fitness First. 

Only recently did BC Partners finalise its full exit of Bureau van Dijk to Charterhouse Capital, and earlier in the year it reduced its holdings in Amadeus IT Holdings and Medica SA.

This latest story about BC Partners’ exit of Fitness First follows news of a decision to postpone a supposed listing of the entire Fitness First chain on the Singapore Stock Exchange at the end of September as a result of the ongoing uncertainty in global markets.

Having made three investments so far this year in Phones4U, the UK based mobile phone retail and channel sales provider, Gruppo Coin, the Italy-based apparel retailer, and Nille, the Norwegian discount retailer, BC Partners looks fighting fit to face the uncertainties currently growing day by day across global economies.

Filed under: PE, dealmaking