Montefiore Investment to acquire Generix Group for €237m.

Montefiore Investment, a private equity firm which seeks to invest in the tourism, leisure, brands, specialized distribution, B2B and B2C services sectors, agreed to acquire Generix Group, a global provider of collaborative SaaS Software solutions for the Supply Chain, industrial, and retail ecosystems, for €237m. Pléiade would contribute all of its Generix Group shares, representing 44.8% of the share capital and 43.2% of the voting rights of the latter to New Gen, which would acquire the shares and warrants held directly or indirectly by the Managers of Generix Group, representing together 6% of the share capital and 6.7% of the voting rights of the latter.