Investcorp has completed its sale of IPH Group to Paris-based buyout shop PAI Partners. IPH Group is a distributor of industrial supplies in Europe. Investcorp acquired the company in June 2006. Investcorp said the deal generated some “210 million euros of realization proceeds.”
PRESS RELEASE
Investcorp, a global provider and manager of alternative investment products, announced today that it has completed the sale of IPH Group, a leading distributor of industrial supplies in Europe, to PAI Partners, a Paris-based European private equity firm in a deal that generated in excess of EUR 210 million of realization proceeds...
