LBO France has acquired French industrial group Alvest from AXA Private Equity and Equistone.
The completion of the transaction remains subject to approval from regulatory authorities. Rothschild handled the sale on behalf of the vendors. AXA PE took Alvest (then TLD Group) private for €90m...
Venture capital firms originally invested in the company in 2011 and 2014 respectively
Fund manager Quaestus exits its stake in the Croatian business after an eight-year holding period
Proposed deal for the aluminium profiles manufacturer comes just two years after Advent's acquisition
Deal marks first investment by small-cap buyout fund Crescendo, which held a €42m first close this year