Announced
Financials
Sources
Tags
Cross Border
Single Bidder
France
Majority
Real Estate Services
Acquisition
Pending
safety services
Private Equity
Private
real estate solutions
Friendly
Test Inspection and Certification (TIC)
Synopsis
IK Partners, a European private equity firm, agreed to acquire a majority stake in Batisanté, a compliance and safety services provider, primarily servicing residential buildings and professional customers, from LGT Capital Partners, an investment firm. Financial terms were not disclosed. "Having joined the Company in 2019, I have had the pleasure of leading the Group through a significant period of growth. Our success is due to the vast range of services we provide and our best-in-class operations. We rely on a dedicated team of experts who provide unrivalled support to all our clients. We thank LGT for their support to date and warmly welcome IK as we continue on our journey. I have no doubt that their experience and expertise will help us take the Company even further," Nicolas Milesi, Batisanté CEO.
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