PAI Partners is disposing most of its remaining stake in Atos SE

25 Feb 2015

PAI Partners has sold today via an Accelerated Bookbuilt Offering most of its remaining shares of Atos SE, which the investment funds it manages or advises held indirectly through its investment holding company Financière Daunou 17 SA, i.e. 9,200,000 shares representing 9 % of the share capital, at a price per share of €63.25.

Michel Paris, Chief Investment Officer at PAI said:
“We are delighted to have supported Atos development over the past 6 years. During this time, the company, led by Thierry Breton and a highly talented Management team, has significantly strengthened its market positions in Managed Services and Payment while improving its profitability and cash flows in an industry environment that remained uncertain and volatile. The company has also developed its leading positions via transforming acquisitions (Siemens IT services, Bull and Xerox XTO ) in several key countries such as Germany, the United Kingdom and more recently the United States and in some technologies (Cloud and Big Data). The company has thus become one of the worldwide leader within the IT services industry. We wish Atos to continue implementing its strategy in the same successful way.”

About PAI Partners

PAI is a leading European private equity firm with offices in Paris, London, Luxembourg, Madrid, Milan, Munich and Stockholm. PAI manages €7.9 billion of dedicated buyout funds. Since 1994, PAI has completed 54 LBO transactions in 10 European countries, for a value of €38 billion. PAI is characterised by its industrial approach to ownership combined with its sector based organisation. PAI provides portfolio companies with the financial and strategic support required to pursue their development and enhance strategic value creation.
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