Announced

Completed

Apax Partners and Bpifrance completed the acquisition of a minority stake in Pandat Finance.

Synopsis

Apax Partners, a private equity firm, and Bpifrance, an investment bank, completed the acquisition of a minority stake in Pandat Finance, a broker. "We are proud and pleased to welcome Apax Partners as shareholder, a leading private equity firm with considerable experience of the financial services sector and, more broadly, of providing support to companies in the hypergrowth phase. Apax Partner’s recognised technical expertise, and the support of Bpifrance, which will help us to accelerate our regional expansion, will allow the group to pursue its ambitions and achieve its next growth targets. We thank ISAI’s teams for their contribution which, over the past three years, has allowed Pandat Finance to grow considerably," David Guyot and Thomas Forest, Pandat Finance Managers and Founders.

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