Alantra, a global mid-market investment banking firm, acquires a significant minority stake in Avolta Partners, a Paris-based tech advisor firm. The financial terms of the transaction have not been disclosed.
This acquisition will allow Alantra to expand its technological capabilities in investment banking. Avolta will also expand its global office network and the firm’s European client base. Avolta has completed 80 deals totaling over $1 billion since its founding in 2014. Upon the closing of the deal, Alantra will become Avolta’s largest individual shareholder. Avolta’s employees will move to Alantra’s Paris headquarters.
Last year, Alantra completed nearly 30 M&A and financing transactions totaling nearly $6 billion.
Philippe Rodriguez, Patrick Robin, and Arthur Porré, co-founders of Avolta, said, “We are really excited to be joining the project at this time when we can create unique synergy for our clients provided by Alantra’s accelerating momentum in the sector, their all-encompassing footprint and proven access to the key financial investors in Europe and North America.”