| Welcome Real-Time Partners with Axa Private Equity |
|
|
|
|
In a management buyout, AXA Private Equity has acquired the majority of the shares of Welcome Real-time, a global provider of payment software for financial institutions and payment networks. The remaining shares were purchased by the current management team.
Welcome has bank customers in 21 countries around the world. Revenues have been growing at 50% per year. The company's 140 employees are based in Aix-en-Provence, Singapore, Sao Paulo, Paris, London, Milan, Madrid, Miami and Shanghai. Buyer AXA Private Equity:
Legal advisors: Lovells (Monique Sentilles Dupont, David Guez) Financial advisors: Grant Thornton (Marc Claverie, Pascale Scolaro) Strategic advisors: Tioga Venture (Frédéric Halley) Intellectual Property advisors: Cabinet Santarelli (Luc Santarelli) Insurance advisors: Marsh Private Equity (Romain Mefflet) Bank and mezzanine finance CIC: François Petit, Guillaume Rico, Antoine Arlet Palatine: Etienne Pirard, Julien Meir Euromezzanine: François Carré, Charles Mercier Legal advisors: Berwin (Colin Millar, Guy Abehsera)Managemen tLegal advisors: Jeantet (Bruno Sollé)Vendors Legal advisors: Hogan & Hartson (Jean-Marc Franceschi) |



