Tikehau Capital, SALVEPAR, NextStage SCA and Medical Imaging Innovation & Investments Limited Partnership completed the acquisition of an unknown minority stake in Oodrive Group S.A.S from TIME for Growth and Keensight Capital.
Tikehau Capital (ENXTPA:TKO), SALVEPAR, NextStage SCA (ENXTPA:NEXTS) and Medical Imaging Innovation & Investments Limited Partnership signed an agreement to acquire an unknown minority stake in Oodrive Group S.A.S from TIME for Growth and Keensight Capital for 65 million on March 31, 2017. Following the deal, the three Oodrive's founders, Stanislas de Rémur, Edouard de Rémur and Cédric Mermilliod retain a majority stake in Oodrive. Oodrive Group reported a turnover of 40 million in 2016. François Prioux of DC Advisory acted as a financial advisor, François Poncet of Ernst & Young France acted as an accountant and Grine Lahreche of LL Berg acted as a legal advisor to Oodrive Group. Eight Advisory France acted as an accountant and Paul Hastings Janofsky & Walker Europe acted as a legal advisor to TIME for Growth and Keensight Capital. Alexis Terray, Jeremie Gicquel, Nicolas Lovas, Stanislas Offroy, Allard de Waal and Etienne Bimbeau of Paul Hastings Janofsky & Walker Europe acted as legal advisors to SALVEPAR and Tikehau Capital.
Tikehau Capital (ENXTPA:TKO), SALVEPAR, NextStage SCA (ENXTPA:NEXTS) and Medical Imaging Innovation & Investments Limited Partnership completed the acquisition of an unknown minority stake in Oodrive Group S.A.S from TIME for Growth and Keensight Capital on April 3, 2017.