Terra Firma lands Four Seasons in shock £825m deal

After much speculation Four Seasons Health Care was sold last month to private equity company Terra Firma for £825m, representing 8.1 times EBITDA estimated at £101.3m in calendar 2011. The deal will be financed through a mixture of equity and new debt, with debt arranged by Goldman Sachs and Barclays. After CCMn reported (CCMn April…

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