Bain Capital completed the acquisition of Inetum from Mannai for $2bn.

Bain Capital, a private equity firm, completed the acquisition of Inetum, a France-based company, engaged in the information technology and communication sector in France and in Southern Europe, from Mannai, an automotive and heavy equipment distribution and service provider, for $2bn. NB Renaissance also participated in the transaction. “Over the past few months we have developed a strong relationship with Inetum's management team and have come to appreciate their experience, credibility, innovativeness, and values of commitment and excellence in leading the company's growth. We see strong potential to further accelerate Inetum's growth and capabilities across all business sectors and geographical areas in which the group operates,” Matthias Boyer Chammard, Bain Capital Managing Director.