Buyout firm Triton Partners has renewed its offer to buy a portfolio of assets from Zurmont Madison as its Swiss peer tries to secure its future by restructuring its fund.

Triton, whose initial bid for the assets was rejected, has offered to acquire Zurmont's remaining three assets for approximately Sfr81 million ($83 million) - equal to the net asset value of Zurmont's interests in the businesses as of June 30, according to a person familiar with the matter and a letter from the Triton to Swiss-based Zurmont seen by sister title Private Equity News. The offer would give the companies a combined enterprise value of Sfr281 million, the person added.