Ardian and Naxicap Partners to acquire a significant stake in Emera Group.

Private equity firms Ardian and Naxicap Partners agreed to acquire a significant stake in Emera Group, a provider of residential retirement homes in France. Financial terms were not disclosed. "I am very excited to welcome Naxicap Partners and Ardian, two experienced investors, to Emera Group. They share our vision and the strategy pursued by the Group since its creation. Naxicap Partners and Ardian will be able to share their experience, supporting The Group in the next stage of its development and help accelerate its international expansion. This is a new chapter for Emera and I am convinced that we will achieve our growth ambitions, as we have done in the past," Claude Cheton, Emera Group President and Founder.