Mergermarket: Greek Election: Conservative party’s runaway victory signals all-clear for M&A and credit upgrade as funds circle deals

Stelios Elia, Managing Director, speaks to Mergermarket about our continued confidence in Greece as an investment destination, and the opportunities we see in this market.

BC Partners is among several firms assessing deals in the country, while seeing opportunities, particularly in the technology-enabled services and healthcare sectors, he said. Within healthcare, the pharmaceutical industry in Greece has significant advantages compared to other countries with businesses growing well, said Elia.

BC Partners has a Greece-focused fund through which the sponsor acquired post-secondary education establishments, Metropolitan College and AKMI IEK, in April. An earlier buy was products business Pet City in November 2021. The sponsor is bullish on the prospects of growth of education in the country. Prior to that it bought Greek telcos Wind and Nova, merging then into one entity (Nova) earlier this year.

Read the full article here.

*Behind paywall