U.K.’s Bridgepoint Sells Half its Safestore Self-Storage Shares
Copyright 2014 by Virgo Publishing.
By:
Posted on: 03/18/2010



 

Bridgepoint, a U.K. private equity firm, is selling half of its stake in self-storage giant Safestore. The company will sell up to 32 million shares, retaining 17.9 percent of listed ordinary share capital. The shares will go on sale in 90 days.

Founded in 1998, Safestore is the second largest self-storage company in the United Kingdom, with 90 stores and three business centers, plus 22 stores in Paris. The company had 23 facilities at the time of Bridgepoint’s investment.

Source: AltAssets,Bridgepoint Halves Stake in UK Self-Storage Company

Related Articles:

Safestore FY Earnings Up

U.K.'s Safestore Reports Third-Quarter 2009 Operating Results

Safestore Opens Self-Storage Facility in Leicester, England

Self-Storage Talk: International