News

123Ventures increases shareholder base

Source: France unquote | 05 Feb 2010
Author: Francois Rowell
Funds:  Buyout
Sector:  Financials

Private equity house 123Ventures has increased its shareholder base from seven to 17 through an owner buyout.

Banque Palatine and Natixis –Banque Populaires Rives de Paris were mandated to arrange a club of banks to support the new shareholders' investment with €21m. Société Générale and Banque Neuflize OBC also participated in the deal.

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