Astorg has signed a binding agreement for the sale of Luxembourg-based TV operator M7 Group to French peer Canal+, a subsidiary of the listed media company Vivendi, in a deal valued at around €1bn.
GP said the deal will facilitate further investment in the development of Nordic Capital
KKR, Index Ventures, Ares and Alven Capital have each sold 50% of their shares in the company
In his new role, Piacentini will support KKR's technology, media and telecoms investment activities
Transaction sees the management team retain a majority stake in consultancy Epsa