Permira buys stake in AltamarCAM
Permira has bought a 40% stake in AltamarCAM through the Permira Growth Opportunities II fund.
According to the firms, there will be no changes to day-to-day operations, and information barriers will be maintained. Permira’s investment is expected to contribute to the development of AltamarCAM’s client services and international expansion.
In a statement, Claudio Aguirre, chair of AltamarCAM, explained how the investment “will allow us to boost our organic and inorganic growth” and went on to say that “our plan is to continue the internationalisation of our business with the aim of widening our future strategic options, which include a potential IPO”.
José Luis Molina, global CEO of AltamarCAM, added: “The private markets sector is consolidating, and it is vital for a firm...