Completion of the acquisition by Mannai Corporation of a majority stake in Gfi Informatique: acquisition by Mannai Corporation from Apax France, Altamir and Boussard and Gavaudan of an additional c. 10.4% stake in Gfi Informatique

Following the announcement on 8 April 2016 and the publication of the simplified cash tender offer results on 16 June 2016, Mannai Corporation, Apax France, Altamir and Boussard & Gavaudan announce today the acquisition by Mannai Corporation from Apax France, Altamir and Boussard & Gavaudan of a number of additional shares that represents c. 10.4% of the share capital and voting rights of Gfi Informatique (on a fully diluted basis) at a price per share of €8.50. Mannai Corporation thus completes the last step of its transaction aimed at reaching a stake of 51% of the share capital and voting rights of Gfi Informatique (on a fully diluted basis).

By holding a majority stake Mannai Corporation provides Gfi Informatique with a long-term shareholder who is an expert in the IT services industry and an effective partner capable of supporting the company's growth, in particular in the Middle East.

With this transaction, Mannai Corporation reaffirms its commitment to accelerate Gfi Informatique's international growth, alongside the existing management team and shareholders, Apax France, Altamir and Boussard & Gavaudan, in order to make the company a leader in IT services and software products within the EMEA zone (Europe, Middle East, Africa).

Gfi Informatique remains listed on the regulated market of Euronext Paris (Compartment B).

About Gfi Informatique

Gfi Informatique is a major player in value-added IT services and software in Europe, and occupies a strategic position in its differentiated approach to global firms and niche entities. With its multi-specialist profile, the Group serves its customers with a unique combination of proximity, sector organisation and industrial-quality solutions. The Group has around 12,000 employees and generated revenue of €894.0 million in 2015. Gfi Informatique is listed on the Paris Euronext (Compartment B) - ISIN Code: FR0004038099.

About Mannai Corporation

Mannai Corporation is a diversified publicly listed conglomerate spanning the key industry and services sectors. Created over 60 years ago and headquartered in Doha, Qatar, the group has grown over the years through a business portfolio and geographical diversification strategy. Today, the core activities of the group include information and communication technology, automotive distribution, jewelry retailing, heavy equipment distribution and services and engineering services to the oil and gas sector. Mannai Corporation employs over 6,100 employees within its group of companies. In addition to Qatar, the conglomerate has a presence today in GCC, India & Turkey. As of December 31st 2015, Mannai Corporation recorded 1.48 billion euros in revenue and a 133 million euros net profit. Mannai Corporation is listed on the Qatar Exchange since 2007 (QE: MCCS).

About Apax Partners

Apax Partners is a leading private equity firm in French-speaking European countries. With more than 40 years of experience, Apax Partners provides long-term equity financing to build and strengthen world-class companies. Funds managed and advised by Apax Partners exceed €3 billion. These funds invest in fast-growing middle-market companies across four sectors of specialisation.

TMT: Altran, Cabovisão-ONI, Gfi Informatique, Infovista, Marlink, Melita, and Vocalcom

Retail & Consumer: ALAIN AFFLELOU, Europe Snacks, Groupe Royer and THOM Europe (Histoire d'Or, Marc Orian, and TrésOr)

Healthcare: Amplitude Surgical and Unilabs

Services: Groupe INSEEC, Marlink, SK FireSafety and TEXA

www.apax.fr

@ApaxPartners_Fr

 

About Altamir

Altamir (Euronext Paris-B, LTA) is a listed private equity company with more than €650m in assets under management. The company invests via and with the funds managed or advised by Apax Partners France and Apax Partners LLP, two leading private equity firms in their respective markets. It provides access to a diversified portfolio of fast-growing companies across Apax's sectors of specialisation (TMT, Retail & Consumer, Healthcare, Business & Financial Services) and in complementary market segments (mid-sized companies in French-speaking European countries and larger companies across Europe, North America and key emerging markets).

For more information: www.altamir.fr

 

About Boussard & Gavaudan

Created in 2002 by Emmanuel Boussard and Emmanuel Gavaudan, Boussard & Gavaudan is an independent asset manager wholly owned by his founders and partners. The funds managed and advised by Boussard & Gavaudan are around €2.7 billion. The Group has 65 recognized professionals, from which 18 traders and 8 analysts. Boussard & Gavaudan distinguishes itself by its entrepreneurial, proactive and independent spirit, ensuring an objective investment process.

Media contacts:

Mannai Corporation – Havas Paris

Stéphanie Elbaz – +33 6 46 05 08 07 – [email protected]

 

Apax Partners                                                              Altamir

Coralie Cornet, Communications Director               Agathe Heinrich, Investor Relations & Communications

Tel. + 33 1 53 65 01 29                                               Tel. +33 1 53 65 01 74

[email protected]                                              [email protected]

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