MBO at Bezier eases debt burden
25th August 2011
YORKSHIRE point of sale and marketing agency Bezier has been acquired in a management buyout backed by private equity firm HIG Europe.
The MBO has been led by Bezier's chief executive Trevor O'Reilly who said the deal would strengthen the company's balance sheet and give it the flexibility to execute its strategy.
The deal has seen Bezier's senior debt of more than £70m acquired and has seen HIG inject significant new capital into the business.
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