CVC Capital Partners Agrees to Acquire a Majority Stake in The Executive Centre from Headland Capital Partners
Tuesday, May 20, 2014
(AltAsset) – UK-headquartered private equity firm CVC Capital Partners has agreed to acquire a majority stake in Asian serviced office provider The Executive Centre from Headland Capital Partners.
Headland will retain a minority ownership in the business.
The Executive Centre, founded in 1994 by current chairman and CEO Paul Salnikow,has 61 centres across 20 major cities in 10 countries across the region, generating over $100m of revenues.
