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, Meilleurtaux.com is ideally placed to benefit from this potential for growth.”
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