PAI Partners Agrees to Acquire Majority Stake in ECF Group
June 14, 2023
PAI Partners has made a binding offer to acquire a majority stake in ECF Group from French private equity firm Naxicap Partners, with Naxicap remaining a minority investor alongside management. ECF is an omnichannel B2B distributor of equipment, consumables and hygiene products for hospitality and care professionals, headquartered in Grigny, France (~1,750 employees, ~€760m revenue); PAI intends to accelerate growth organically and via acquisitions to consolidate the fragmented market.
- Buyers
- PAI Partners
- Targets
- ECF Group
- Sellers
- Naxicap Partners
- Industry
- Logistics & Distribution
- Location
- Île-de-France, France
- Transaction Type
- Buyout
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