Announced
Financials
Sources
Tags
Pending
Consumer Services: Other
Private Equity
Minority
Private
Single Bidder
France
Acquisition
social services
Mbo
Domestic
Friendly
Synopsis
ISAI Gestion, aFrench tech entrepreneurs's fund for early stage internet startups, agreed to acquire Vitalliance, a firm providing a wide variety of individual and family social, counseling, welfare, or referral services. Financial terms were not disclosed. “Vitalliance perfectly matches the characteristics of our ISAI Expansion funds: strong growth, solid leadership and the central role of technology. Beyond these characteristics, ISAI attaches great importance to respecting a responsible investor approach. Committed to a CSR approach and natively aligned with the sustainable development objectives defined by the UN, Vitalliance has a real impact on society and has demonstrated it once again in its management of the COVID-19 crisis," Pierre Martini, ISAI growth-LBO funds Managing Partner.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.