Bridgepoint continues exit run with sale of Longoni

Bridgepoint Capital, the pan-European buy-out house, has made its eighth exit so far this year with the sale of Longon Sport, the Italian sports retailer, to Giacomelli Sport, for €76m ($77m).

Bridgepoint has more than tripled its original investment in Longoni. It backed Longoni's management buy-out in 1999, and has since grown the firm to double the number of stores.

WSJ Logo
Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump