Inetum sells to Bain Capital to accelerate on the acquisition front

Posted Jan 21, 2022, 4:55 PMUpdated Jan 21, 2022, 5:05 PM

Inetum’s IT specialists are turning the Qatari page. The French digital services company and its current Gulf country owner, the Mannai fund, have just entered into exclusive negotiations with Bain Capital for a takeover. This other investment fund and its partners would get their hands on 99% of the shares of the company headed by Vincent Rouaix, for a valuation of around 2.2 billion euros.

With this new partner, the former GFI Informatique intends to give itself the means for new, more transformative acquisitions. “With Mannai, we had the capacity for medium-sized operations that would have enabled us to reach 3 billion euros in annual turnover in three years. With Bain, we are aiming for between 4 and 5 billion euros in revenue,” explains Vincent Rouaix.

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