Canadian indirect stake in BC Partners and CPPIB’s $6.6 billion Suddenlink acquisition
One unnamed Canadian investor, likely The Caisse de dépôt et placement du Québec, has committed to BC Partners’ (Premium contents. Be first to know: Subscribe) as part of the $6.6 billion acquisition of Suddenlink by BC Partners and CPP Investment Board.
In November 2012, BC Partners and CPPIB in partnership with Suddenlink management led by Chairman and CEO Jerry Kent acquired Cequel Communications Holdings, LLC, dba Suddenlink Communications, from Goldman Sachs Capital Partners, Quadrangle, Oaktree Capital Management, and The Jordan Company.
Ted Liu Ted is an editor of CanadianPrivateEquity.com and Research Director for CVCA - Canada's Venture Capital and Private Equity Association. Ted has been following Canadian venture capital and private equity industry since 1993.