Canadian indirect stake in BC Partners and CPPIB’s $6.6 billion Suddenlink acquisition

December 21, 2012 By Ted Liu Leave a Comment

Suddenlink-CPPIB-BC Partners One unnamed Canadian investor, likely The Caisse de dépôt et placement du Québec, has committed $ (Premium contents. Be first to know: Subscribe)
million 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.

Filed Under: Private Equity Tagged With: BC Partners, Caisse de dépôt et placement du Québec, Cequel Communications, CPP Investment Board, CPPIB, Jerry Kent, Suddenlink

About Ted Liu

Ted has been following Canadian venture capital and private equity industry since 1993. Ted's background included working as a product manager for a venture capital research firm in Toronto and an associate for an early stage tech venture capital firm.