CVC and Nordic Eye €3 Billion Exit From Windshield Repair Firm Cary

CVC Capital Partners Plc and Nordic Capital are in the early stages of exploring exit options for vehicle glass repair firm Cary Group, according to people familiar with the matter.

The private equity firms have starting speaking with potential advisers about a possible sale or listing of Cary Group, said the people, who asked not to be identified as the discussions aren’t public. A deal could value the business at €3 billion ($3.5 billion) or more, the people said.