General Atlantic, Canada's Top Pension Set to Acquire Permira’s Boats Group
PositiveFinancial Markets
- General Atlantic and CPP Investments have reached an agreement to acquire Boats Group, an online marketplace specializing in recreational boats. This acquisition marks a significant move in the market, reflecting the growing interest in digital platforms for leisure activities.
- The acquisition is expected to enhance the operational capabilities and market reach of Boats Group, positioning it for future growth in the recreational boating sector. This strategic investment by a leading pension fund and a global growth equity firm underscores the potential of the online marketplace in the evolving leisure industry.
— via World Pulse Now AI Editorial System