
Ardian in exclusive talks with IK to acquire Trigo Group
Paris-based PE firm Ardian has entered into exclusive negotiations with IK Investment Partners to acquire quality control and services provider Trigo Group.
The deal will be put forward to the Trigo Group Work Council for approval and is subject to the signing of a definitive agreement.
Ardian, plans to invest alongside the management team, which will remain in place.
The potential acquirer declined to comment on the negotiations.
Previous Funding
In December 2012, Trigo acquired with support from institutional shareholder IK a majority stake in quality control process outsourcing company Qualitaire for an undisclosed amount.
Company
Founded in 1997 and led by CEO Matthieu Rambaud since 2013, Trigo is a multinational company providing quality control and quality control services to the manufacturing sector, particularly within the transportation industries.
With a 7,000-strong employee base spread across 20 countries, it serves a clientele of international manufacturers in the automotive, aerospace and heavy transportation industries, and generates revenues in excess of €200m per year.
People
Trigo – Matthieu Rambaud (CEO).
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