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Bridgepoint to seal Cambridge Education deal

London-based buyout firm was this year given more time to spend the remaining money in its €4.8 billion fourth fund

London-based buyout firm Bridgepoint has won the race to acquire pre-university education provider Cambridge Education Group, according to sister publication Private Equity News.

Bridgepoint saw off rival bids from Warburg Pincus, Berkshire Partners, European Capital and trade buyer Kaplan with an offer to buy the company for an enterprise value of £185 million, according to people familiar with the situation.

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