
Natixis to buy Leonardo France
Natixis is set to expand its M&A advisory business through the acquisition of the French division of Italian banking group Banca Leonardo.
Natixis has entered exclusive negotiations with Banca Leonardo over the purchase of Leonardo France, which provides M&A services to mid-cap corporates and financial sponsors based in France.
The division has a workforce of 25 investment bankers and is led by Patrick Maurel.
Leonardo France, based in Paris, specialises in sell-side mandates and advises on around 30 transactions per year.
Most recently, Leonardo advised on the acquisition by Sagard, Euromezzanine and Societe Generale Capital Partenaires of French speciality chemicals distributor Safic-Alcan from Parquest Capital. The M&A firm provided corporate finance advice to Parquest in the deal.
Last October, Leonardo advised Apax Partners on its €730m take-private of Dutch software firm Exact Holding, as well as Pragma Capital on the €130m sale of French animal artificial insemination business IMV Technologies to Qualium Investissement.
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater