Brookfield Business Partners acquires Modulaire Group for $5 billion in one of the largest private equity deals in Europe this year

“We look forward to bringing our global scale and capabilities in owning and operating leading infrastructure services businesses to support Modulaire’s growth, in partnership with the management team,” Anuj Ranjan, managing partner of Brookfield Business Partners, said in the statement.Article content

The transaction adds to US$125 billion of private equity deals targeting European companies this year, according to data compiled by Bloomberg, as firms deploy record amounts of capital and take advantage of cheap financing.

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