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Naxicap Partners completed the acquisition of a 52% stake in Keys AM.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For52%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Diversified Financials

Private Equity

France

Completed

Private

Acquisition

financial services

Single Bidder

Friendly

Majority

Synopsis

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Private equity firm Naxicap Partners completed the acquisition of a 52% stake in Keys Asset Management, a French financial services group. Financial terms were not disclosed. "We were attracted by the company's positioning, its expertise, its capacity for innovation, and the energy and quality of the management team. Naxicap Partners will work alongside the company to help it exploit the multiple growth drivers that lie ahead of it today. In particular, we wish to support management in carrying out acquisitions in order to consolidate and diversify the Group's businesses," Laurent Chouteau, Naxicap Partners Director.

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