PAI Partners
PAI to buy Elior's Areas in €1.54bn deal
Proceeds of the Areas division sale will be used to reduce Elior's leverage ratio
PAI's Ethypharm bolts on Pharmy II Laboratory
Ethypharm acquires pharmaceutical laboratory specialising in the treatment of pain
PAI's M Group makes triple bolt-on
Infrastructure group acquires telecoms-focused Avonline Networks and water specialists IWJS and TPC
PAI gets €885m offer for Wessanen agreed
Offer price of €11.50 per share values 100% of Wessanen's shares at approximately €885m
PAI to acquire Elior's Areas
PAI to buy concession catering operator Areas for a €1-1.5bn valuation, press report says
PAI Partners exits Konecta
Sale ends a four-year holding period for PAI Partners, which owned a 40% stake in Konecta
PAI's Perstorp sells Capa to trade
Perstorp, a Swedish chemicals business, sells its Capa division to Ingevity for €590m
GP Profile: PAI Partners
Partner Yvan Massonnat speaks to Unquote about the firm's strategy and GP consolidation in the French market
Landmark backs single-asset secondaries for PAI's Perstorp
PAI has been invested in the speciality chemicals business, the last asset in PAI IV, since 2005
PAI Partners to acquire Asmodee in €1.2bn deal
investment in Asmodee generated 4x money multiple for Eurazeo and yielded 35% IRR
Ontex rejects PAI's takeover offer
Board of directors rejects offer on the basis that it undervalues Belgium-based Ontex
ESG bridges business and societal cultural gap in France
French GPs are widely adopting more proactive ESG practices in an effort to reflect the country's cultural mindset
Advent-backed IPH acquires Outilacier
French industrial supplies provider IPH was acquired by Advent from PAI Partners last year
PAI acquires M Group from First Reserve
Acquirer is currently investing from its sixth flagship fund, which writes equity cheques of €100-300m
PAI and Baring Asia buy WFCI from Greenbriar
PAI drew equity for the deal from its latest buyout fund, PAI Europe VII, which closed on €5bn
PAI Europe VII closes on €5bn hard cap
PAI says it hits its hard-cap after only six months on the road, with a demand of more than €15bn
Mega-buyout volumes hit post-crisis Q1 high
Combined with Q4 2017, the past six months have represented the most active consecutive quarters for €1bn-plus buyouts since 2007
PAI, BCIMC finalise €1.58bn Refresco take-private
97.4% of the company's issued and outstanding shares are tendered at €20 per share
PHI Industrial sells Covit to PAI Partners' Albéa
Sale ends an eight-year holding period for PHI Industrial, which acquired the company in 2010
BCIMC, PAI kick off Refresco offer
Unless extended, the €20-per-share offer for the bottles business will expire on 19 March
PAI buys Albéa from Sun European
Sale comes a year after the collapse of an auction led by strategic bidder RPC
LBO France carves out Crouzet
French manufacturer of automation components Crouzet is carved out of PAI's InnoVistaSensors
PAI, Sagard to exit Kiloutou in €1.5bn deal
HLD Europe and the Dentressangle family holding take a majority of the equipment rental business
PAI teams up with BCIMC for fresh Refresco offer
Consortium offers €20 per share, valuing the business at €3.3bn, with financing already in place