Partners Group Holding AG (SWX:PGHN) agreed to acquire 50.3% stake in Breitling SA from CVC Capital Partners Limited on December 6, 2022. CVC Capital Partners will hold 23.6% stake in Breitling after the transaction. The transaction is expected to complete in mid December.

Bär & Karrer Ltd. acted as legal advisor to CVC Capital Partners Limited. Houlihan Lokey Capital, Inc. acted as financial advisor to CVC Capital Partners Limited.