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Vitruvian to acquire majority of Expereo


Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Vitruvian to acquire majority of Expereo
ExpereoFebruary 1, 2021 GMT
AMSTERDAM, Netherlands, Feb. 01, 2021 (GLOBE NEWSWIRE) Vitruvian Partners, the international growth capital and buyout firm, has reached an agreement with Apax Partners sas, the European private equity firm based in Paris, to acquire a majority shareholding in Expereo, the world’s leading provider of Managed Internet, Cloud access and SD-WAN solutions. Apax Partners will remain as a minority shareholder alongside Vitruvian Partners and the company’s management team, who will continue to lead the business. The completion of the transaction is subject to obtaining customary merger control clearances. ....

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