PE Deals

PAI Partners in final talks to buy ECF

ECF is a business-to-business distributor of equipment and consumables for hospitality and care professionals.

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  • Naxicap acquired ECF in 2017
  • Naxicap to retain minority stake in ECF
  • PAI is a private equity firm based in Paris, France

PAI Partners has made a binding offer to acquire a majority stake in ECF Group, a business-to-business distributor of equipment and consumables for hospitality and care professionals, from Naxicap Partners.

ECF is based in Grigny, France. The company has over 1,750 employees and annual revenues of around €760 million.

Naxicap will remain a minority shareholder in ECF alongside PAI and the management team after the completion of the deal.

PAI will support ECF in accelerating its growth, both organically and through acquisitions, according to a release.

“We see enormous potential to scale the business even further, strengthening the group’s offer and extending its global reach,” said Mathieu Paillat, partner at PAI Partners.

Naxicap invested in ECF in 2017.

Naxicap is a private equity firm based in Paris, France.

PAI Partners is a private equity firm that manages around €25 billion of dedicated buyout funds. The firm is based in Paris, France.

PAI Partners was advised by Rothschild & Co and Crédit Agricole, and Naxicap Partners was advised by Lazard.