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...
Round was led by Accel
360 Capital joined Robert Bosch Venture Capital and others in the round led by Intel Capital
Data analytics software developer will use the funding to invest in product development
With the management also selling its minority stake, Altran becomes the sole owner