Idinvest Partners has sold Bimedia, a software developer specialising in payment solutions for the retail sector, to lottery operator La Française des Jeux (FDJ), in a deal that gives the company an enterprise value just shy of €50m.
GP formed the industrial maintenance, repair and overhaul firm in 2017 by merging IPH and Brammer
Sponsor submitted a 15x EBITDA offer to acquire Conet, two sources say
Vendor has delayed the process in order to build up visibility on its 2021 results, one source says
Idea Taste of Italy acquired a stake in Gelato d'Italia – then trading as Indian – in May 2016