Axa Private Equity exits Arkadin

Arkadin's management will reinvest alongside telecom operator NTT Com. Arkadin's services are said to be complementing NTT Com's offering in both global conferencing services and total solutions.

The agreement will be implemented after the necessary notification and consultation with the relevant works council, and is subject to authorisation from antitrust authorities.

Axa PE bought a 45% stake in Arkadin in July 2012. Since then, the company has experienced double-digit revenue growth. Arkadin acquired video conference specialist Novasight in November 2012.

Company
Founded in 2001 by Olivier de Puymorin, Arkadin provides conference-related solutions including audio, web, video conferencing and unified communications services.

The company serves close to 37,000 customers in 32 countries including France, Germany, the UK, the US, Australia, China, Singapore and Japan.

People
François Jerphagnon is a managing director at AXA Private Equity. Olivier de Puymorin is the CEO of Arkadin. Toru Maruoka is senior vice-president at NTT Com.

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