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June 30, 2011
Paris office Advises Apax Partners on Acquisition of Majority Stake in Amplitude

Eduardo J. Fernandez, Cédric Hajage, Vincent Brenot, Paul Lombard, Philippe Grudé

On June 30, Willkie client Paris-based private equity firm Apax Partners announced that funds under its management have acquired a majority stake in Amplitude, the French developer of orthopedic implants for hips and knees, from private equity firms Weinberg Capital Partners and Initiative & Finance. The deal makes Apax the company’s majority shareholder alongside its founder and management team. Amplitude generates 25 percent of its revenue outside of France through its German subsidiary and a distribution network across 25 countries.  The deal was handled by partners Eduardo Fernandez and Cédric Hajage; national partner Vincent Brenot; special European counsel Paul Lombard and Philippe Grudé; and associates Karine Lenczner, Mélanie Martin, Paul Guillemin, Alexandre Avrillon, Igor Kukhta, Iris Géniès and Marie Mante.