Equistone Partners Europe enters into exclusive negotiations with Groupe Go Sport for the acquisition of Courir
Equistone Partners Europe (“Equistone”), one of Europe’s leading mid-market private equity investors, today submitted a binding offer for the acquisition of the whole business of Courir.
The equity value of this offer is €283m. In this context, Equistone Partners Europe has entered today into exclusive negotiations with Groupe Go Sport.
The completion of this project remains subject to the consultation of employees’ representative bodies and clearance from the relevant antitrust authorities.
The completion of this transaction could occur in the course of H1 2019.