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Infopro Digital could change owners

2021-11-26T19:53:16.747Z

DECRYPTION - The TowerBrook fund, the shareholder of the media, events and software group, is about to exit.



What future for Infopro Digital?

In the coming months, the professional services, media and software group which publishes the titles

Le Moniteur

,

L'Usine nouvelle

,

LSA

and

L'Argus de l'assurance

, and manages trade shows (such as the Salon des maires) , could change hands.

A few weeks ago, its owner, the British fund TowerBrook Capital, mandated the investment bank Morgan Stanley with a view to a potential sale of the 74% of shares it owns.

To read also

"The New Factory" changes formula

Several private equity funds as well as a large French event group have looked into the matter.

TowerBrook is now asking for 1.7 billion euros.

At the time, he had spent nearly 700 million euros to acquire his shares from Apax Partners.

TowerBrook declined to comment on this information.

Since its creation in 2001, Infopro Digital has claimed 20% revenue growth.

Its turnover reached 440 million euros in 2019, against 300 million

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Source: lefigaro

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