Key facts
- Hillhouse Investment is nearing a deal to buy a significant minority stake in LRQA.
- LRQA is a UK-based certifications and inspections business.
- The stake is being sold by Goldman Sachs Group Inc.'s asset management arm.
Hillhouse Investment is reportedly in the final stages of acquiring a significant minority stake in LRQA, a company specializing in certifications and inspections. The seller in this transaction is the asset management division of Goldman Sachs Group Inc. The specific details of the stake size and financial terms were not disclosed, but the deal signifies a notable transaction within the business services sector.