Global private equity and venture capital news and research

Equistone picks up mortgage advisory Meilleurtaux

17 Apr 2013

mortgage2_lrgEquistone Partners Europe has bought French mortgage advisory business Meilleurtaux from French banking group BCPE.

Equistone entered exclusive discussions with BCPE over a sale in mid-February as part of its strategy to dispose of joint ventures and non-core subsidiaries.

Equistone, a mid-market firm which backs high-performing businesses with growth potential, said Meilleurtaux was a dynamic, high-profile company with significant potential for further development.

Guillaume Jacqueau, Equistone Europe managing partner, said, “Equistone has been active in the French market for over twenty years and has been involved with a significant number of businesses at all stages of their development.

“Whilst real estate accounts for a major portion of French people’s budgets, currently only 20 per cent of the French population use brokers and this is set to increase.

“With its high-profile brand and a network of over 160 franchise offices, is ideally placed to benefit from this potential for growth.”

Copyright © 2013 AltAssets


Legals & Terms of UsePrivacy Policy

AltAssets is registered as a trademark of Investor Networks Limited (06695690).
Registered Office: Zetland House, 5-25 Scrutton St, London EC2A 4HJ
Content is © AltAssets 2000-2014