Announced
Financials
Tags
information technology services
IT Services: Other
Private
Cross Border
Acquisition
France
Friendly
Private Equity
Majority
Single Bidder
Pending
Synopsis
Keensight Capital, a private equity investment firm, agreed to acquire a majority stake in Adista, a B2B hosted services provider from Equistone Partners, a private equity firm, for $486m. "This passing of the torch is part of an undeniable dynamic for the company, which has doubled its revenue since 2016 and has the ambition to do the same by 2025. On behalf of the Adista team, we would like to thank Equistone for what we have accomplished together over the past years and warmly welcome Keensight Capital to write the next chapter of Adista’s history," Patrice Bélie, Adista CEO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.