On 29 October 2007, the main managing shareholders1 in GFI Informatique and Itefin Participations (Apax Partners) signed an agreement to combine their respective stakes in GFI Informatique within Itefin Participations, a company that is controlled by funds managed by Apax Partners SA and has currently an interest of around 17% in GFI Informatique's capital. The completion of the sale and contribution operations provided for under this agreement is subject to the usual condition precedents and scheduled to be carried out by the end of the year.
Further to this operation, Itefin Participations will own 27.8% of GFI Informatique's capital, and will be approximately 63% owned by funds managed by Apax Partners SA and 37% by the managing shareholders.
This operation, which will create an action in concert between the shareholders of Itefin Participations, will stabilise GFI Informatique's shareholding structure. By further strengthening its position as the main shareholder of GFI Informatique, Itefin Participations will accompany the management team's ambitious plan and make GFI Informatique a major player in IT services in Europe.
Itefin Participations does not intend to cross upwards the one-third threshold in GFI Informatique's capital or voting rights, nor take control of the company.
1Jacques Tordjman, Vincent Rouaix, Pierre Chiarelli and Michel Beilin
About Itefin Participations
Itefin Participations is a company owned by the funds managed by Apax Partners SA, including Altamir Amboise which is listed on Euronext Paris.
Apax Partners SA is a leading private equity firm in France. With more than 30 years of investing experience, Apax Partners provides long-term equity financing to build and strengthen world-class companies. Funds managed by Apax Partners SA exceed ¤2 billion. These Funds invest in fast-growing companies across Apax' sectors of specialisation: Tech & Telecom, Retail & Consumer, Media, Healthcare, Business & Financial Services. For more information visit: www.apax.fr
Altamir Amboise co-invests with the private equity funds managed by Apax Partners SA.
Altamir Amboise is listed on the Euronext Paris Eurolist market, Compartment B, ISIN code: FR0000053837, ticker: LTA. For further information: www.altamir-amboise.fr
Marketing Director of Apax Partners SA
+33 1 53 65 01 35
E-mail : firstname.lastname@example.org
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