Paris (France), 30 November 2017 – Apax Partners and Altamir confirm their support for the acquisition of Aricent announced today by Altran Technologies, their commitment to vote in favour of the rights issue at the EGM and their intention to participate pro-rata in the rights issue.The acquisition of the US company Aricent is a transforming operation that will allow Altran to confirm its position as the undisputed world leader in engineering and R&D services.
Apax Partners and Altamir, which have been supporting Altran’s strategy since 2008, hold 8.4% of Altran’s share capital through the Altrafin Participations holding.
For more information on this operation, please refer to Altran’s press release issued today.
About Apax Partners
Apax Partners is a leading private equity firm in Europe. With 45 years of experience, Apax Partners provides long-term equity financing to build and strengthen world-class companies. Funds managed and advised by Apax Partners exceed €3 billion. These funds invest in fast-growing small and mid-market companies across four sectors of specialisation: TMT, Consumer, Healthcare and Services.
Altamir (Euronext Paris-B, LTA) is a listed private equity company with almost €800m in assets under management. The company invests via and with the funds managed or advised by Apax Partners France and Apax Partners LLP, two leading private equity firms in their respective markets. It provides access to a diversified portfolio of fast-growing companies across Apax’s sectors of specialisation (TMT, Consumer, Healthcare, Services) and in complementary market segments (mid-sized companies in French-speaking European countries and larger companies across Europe, North America and key emerging markets).
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