Friday - 24 October 2014

Bonhams keep mum over sale rumours

23 June 2014Written by ATG Reporter

Bonhams have declined to comment on reports in the media that the company is up for sale for a price rumoured to be several hundred million pounds.

Several potential buyers have been named, among them Formula One investor CVC Capital Partners and Bain Capital, the Boston-based private equity firm founded by former presidential candidate Mitt Romney, which has just announced that it has raised $935m for new venture capital projects.

At least two sources name boutique investment bank Greenhill as Bonhams advisors on the mooted sale.

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ATG Reporter

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Bonhams

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