Announced
Financials
Sources
Tags
France
Majority
Private
Domestic
Software
financial software
Acquisition
Single Bidder
Pending
Private Equity
Friendly
Synopsis
Apax Partners, a British private equity firm, agreed to acquire a majority stake in Diapason, a financial software provider. Financial terms were not disclosed. “Apax Partners Development shares DIAPASON’s vision of market leadership. Based on its dominant position in its current market, there are numerous possibilities which need only be developed. In addition, we share basic values with the Apax Partners Development teams. We are pleased to have access to their expertise, which will allow us to grow at a faster rate while simultaneously ensuring a long-term perspective in the interest of our customers and ecosystem," Pascal Kravitzch, DIAPASON Founder and President.
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