General Atlantic, Canada's Top Pension Set to Acquire Permira’s Boats Group
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000General Atlantic and Canada Pension Plan Investments Board are nearing a deal to acquire Boats Group, an online marketplace for recreational boats, according to people familiar with the matter.Private equity firm Permira, the current owner of Boats Group, will retain a minority stake in the company, the people said, asking not to be identified as the information is private. The deal values the online marketplace at over $2 billion, the people said, adding that an announcement could come as soon as Thursday.