BC Partners Faces Managers’ Unrest at €6 Billion Media Company

Title: Unrest Among Managers at United Group BV, a €6 Billion Media Company Owned by BC Partners Summary: A conflict has emerged between senior managers at United Group BV, a large European telecommunications and media conglomerate, and its private equity owner, BC Partners LLP. The issue arose after BC Partners terminated the company's founder and CEO. United Group is a €6 billion media and telecom firm with operations across several countries in Southeastern Europe. The dismissal of the CEO has led to discontent among the company's top-level managers, who are unhappy with BC Partners' decision and the potential implications for the business. The article suggests that the rift between the private equity firm and United Group's management team could pose challenges for the company's operations and future direction. The situation highlights the potential tensions that can arise when private equity investors make significant changes to the leadership of their portfolio companies.