Announced
Completed
Financials
Tags
Private Equity
Friendly
France
Single Bidder
Acquisition
it consultancy
Minority
digitalization
Private
Digital Services
Cross Border
Disposal
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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