Saratoga Partners, together with Sericol management, has signed an agreement with BP plc, to acquire Sericol as of Dec. 31, 2002. The transaction was valued at approximately $115 million.      Saratoga Partners, a leading independent New York-based firm, will be the majority shareholder in the new company, while management has a significant minority interest.      Since its founding in 1984, Saratoga has made investments in 29 companies with a value of over $3.4 billion. Saratoga was attr...