Industries & Finances Partenaires SA has acquired a minority stake in Antenne Réunion Télévision for a US$5.5 million consideration.
Antenne Réunion Télévision is the main private TV channel in La Réunion.
Industries & Finances Partenaires SA, founded in 1998 and based in Paris, France, is a private equity firm specializing in industry consolidation transactions including management buy-outs, leveraged buy-outs, and leveraged buy-ins, middle market, and growth capital investments. The firm invests in all industries apart from the high-tech, finance, and real estate sectors. It typically invests in France but also considers investments abroad.
Oaklins' team in France advised the seller in this transaction.
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