3i exits HPI with Phoenix secondary
3i has sold its stake in the vehicle checking service provider for £70m in a secondary sale to Phoenix Equity Partners and which sees 3i achieve a 1.8 times return on capital.
30 December 2012•2 mins read
3i has sold its stake in the vehicle checking service provider for £70m in a secondary sale to Phoenix Equity Partners and which sees 3i achieve a 1.8 times return on capital.