3i, Pragma Capital Strike €60M Loxam Deal
Investors 3i and Pragma Capital have teamed to take a minority stake in Loxam Holdings, a European equipment rental company. The €60 million deal will provide the private investors a minority stake in Loxam, which has annual revenue of about €700 million, according to a statement issued by the companies. Other specifics of the deal were not publicized. 3i’s Denis Ribon worked on the deal for the private equity firm.
5 July 2011•2 mins read
