Announced
Completed
Synopsis
Private equity firm TowerBrook Capital Partners completed the acquisition of a minority stake in Talan Group, an IT service management company, from Capza, a private investment platform, for $331m. “TowerBrook’s investment in Talan underlines the relationship of trust between our teams, the common commitment to address the social and environmental issues and our shared ambition to establish Talan as a leading player of the digital transformation globally. Talan, which remains majority-owned by its management team, welcomes this new partner who will support the business and help Talan accelerate its growth. I would like to take this opportunity to thank our historical partner, Capza, who has supported us for many years,” Mehdi Houas, Talan Chairman.
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