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3i’s SLR expands in South Africa

The value of oil and gas-related private equity deals globally so far this year has already surpassed the whole of last year

3i Group portfolio company SLR Management has bought a rival South African oil and gas industry consultant, as deal volumes in the sector are expected to rise.

SLR, an environmental consultancy in which 3i owns a 29.5% stake, has bought CCA Environmental, according to a statement.

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