In February 2019, CVC Capital Partners, the global private equity giant, made a low-key announcement that it was offloading a Japanese care provider called Hitowa Holdings to Polaris Capital. Given the scale of the CVC balance sheet, the $500 million sale of Hitowa, which provides housekeeping and nursing services to rehab centres, was relatively modest. After all, from its base in Luxembourg, CVC has $79.6 billion of assets under management and $135.8 billion of funds committed. The deal barely made a ripple in Ireland. Why would it have? Yes, CVC Capital is well known primarily in Ireland for its sizable…
Don’t miss out on what is going on with our daily unique stories from our team of skilled journalists and insightful commentators. Members of The Currency get full access to over 4,000 exclusive interviews, investigations, and analysis, plus over 460 podcasts. Annual membership is just €200 for the first year, a saving of €100. Or try The Currency for the first month for a special introductory rate of €5, a saving of €20. Cancel at any time. To become a member today click here.
Join The Currency
INTRODUCTORY OFFER: Full annual membership for just €200.