Montagu to acquire a majority stake in Intech from Eurazeo.

Montagu, a private equity firm, agreed to acquire a majority stake in Intech, a manufacturer of orthopedic surgical instruments, from Eurazeo, a global investment group. Financial terms were not disclosed. “We wish to thank Laurent Pruvost, his management team and all of Intech’s employees for the wonderful partnership we have enjoyed over these last four years. Spurred by Eurazeo and thanks to the active involvement of Laurent and his teams, Intech has expanded its footprint and become more structured while doubling its business, in particular through strategic acquisitions in France and the United States. We are very proud to have lent our support to the company for its development and wish all the Intechers every success as they continue their adventure,” Erwann Le Ligné, Eurazeo Managing Director.