Blackstone agrees to provide €400m for Groupe Premium’s recap

Groupe Premium is a wealth management company in France.

  • The completion of the transaction would value Groupe Premium at €1.15bn
  • Eurazeo and its affiliates would realise a 3.3x cash-on-cash multiple at the completion of the deal
  • Blackstone will also acquire a limited minority stake in Groupe Premium

Blackstone has signed a strategic agreement with Eurazeo to provide €400 million equity financing to Groupe Premium, a wealth management company in France.

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