3i Group plc, the UK based private equity firm, has agreed to invest EUR 116m in Constellation, the France based IT managed services provider specialised in hybrid cloud and cyber security. 3i will be partnering with Constellation’s founding team, led by Etienne Besançon, who are reinvesting significantly in this transaction. Current minority investor Cap Horn Finance is also rolling over and will continue to be an investor.
- Target – Constellation sas
- Buyer – Cap Horn finance
- Buyer – 3i Group PLC
- Buyer – Etienne Besançon (private investor)
- Seller – Shareholders