Meridiam completed the acquisition of a majority stake in Oxand from Latour Capital.

Meridiam, an investor and asset manager, completed the acquisition of a majority stake in Oxand, a real estate and infrastructure asset management company, from Latour Capital, an investment company. Financial terms were not disclosed. ”We are proud to partner with Oxand to support the company’s ambitious development plan. As a pioneer in sustainable infrastructure development, Meridiam is highly aware of the challenges faced by asset managers regarding building maintenance and energy performance. The Oxand team’s expertise in predictive analytics and their cutting-edge platform provide significant value to clients, who often face significant budget and regulatory constraints, while addressing critical environmental issues. We see great potential for Oxand to drive sustainable transformation across the real estate and infrastructure sectors," Eric Rey and Yannick Marion, Meridiam GIGF Managing Directors.