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Altamir Amboise Sca Announces Investment in Canadian Company via Participation in Apax VIII Private Equity Fund


Tuesday, 18 Sep 2012 12:15pm EDT 

Altamir Amboise Sca announced that it has committed to an investment via Apax VIII, a private equity fund advised by Apax Partners LLP, a private equity firm. Apax VIII has partnered with Stephan Cretier, Founder, Chairman and CEO of Garda, and his management team in order to acquire the Montreal-based Canadian company for CAD 1.1 billion in cash, including assumed debt . Under the terms of the transaction, the consortium will acquire each Class A share of Garda for CAD 12.00 in cash. The transaction has been unanimously approved by the Board of Directors of Garda and is subject to regulatory approval. Garda is a provider of security and cash logistics solutions. 

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23 Jul 2014