New York City-based investment management firm BlackRock has announced it will wholly acquire France-based eFront, an alternative investment management software provider, from Bridgepoint for $1.3bn in cash.
DVI Equity Partners, Frontline Ventures and Enterprise Ireland also take part
Newcomer Target Global and existing investor Round Hill Ventures also take part in the round
GP invests €7.3m in the France-based point-of-sale merchandising equipment provider
Azimut appoints Jeffry Brown as CEO of AACP; Brown previously worked at Dyal Capital Partners