Bain Capital Private Equity closes France's Inetum deal

Bain Capital Private Equity has completed its acquisition of French IT services firm Inetum from Qatari investment fund Mannai Corporation QPSC.  Financial terms were not disclosed, however reports from January slated the deal to be for around $2.27bn. The transaction involves the entire equity interest held by Mannai Corporation, which represents approximately 99 per cent of the share capital of the French group on a non-diluted basis.  The investor group was led by Bain Capital Pri...