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Announced

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

Synopsis

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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