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BC Partners is nearing a deal to sell a significant portion of its controlling stake in GardaWorld back to the management team, valuing the Canadian security firm at approximately C$13.5 billion ($9.8 billion). The transaction involves GardaWorld's founder and chairman, Stephan Cretier, and is supported by private credit firms led by HPS Investment Partners, which are committing several billion dollars to facilitate the buyout.
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