FRANCE - Weinberg Capital Partners invests in listed CRM company

The investment will enable TPG, which is listed on Euronext Paris' compartment C, to acquire Datem for EUR 41m (EUR 12m through a reserved capital increase and another EUR 12m through the issuing of ORAs both mostly subscribed by WCP, and debt of EUR 20m.

WCP, which will own 30% of TPG's shares, increasing to 42% when the bonds are redeemed, has announced it will made a tender offer for the remainder of TPG's shares for a unitary price of EUR 1.25, but is not currently considering a take-private.

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• Buyouts
• France