Paris-based private equity firm Apax Partners acquires a majority stake in Amplitude, the French developer of orthopedic implants for hips and knees.
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.