Bain Capital Private Equity, LP, NB Renaissance Partners and management team of Inetum agreed to acquire a 99% stake in Inetum S.A. from Mannai Corporation Q.P.S.C. at an enterprise value of €1.85 billion on January 18, 2022. Completion of the proposed transaction will be subject to obtaining the necessary clearances from the competent antitrust and regulatory authorities. As of April 8, 2022, the parties approached the European Commission for approval. The transaction is subject to the approval of Mannai shareholders on the sale, scheduled to be held on April 26, 2022. As of May 12, 2022, the transaction is approved by the European Commission.

Crédit Agricole Corporate and Investment Bank S.A., Lazard Frères, J.P. Morgan & Cie S.A.S. acted as financial advisor and Mathieu Remy, Anne Lemercier, François Farmine, Pierre-Benoit Pabot du Châtelard, David Tayar, Alexandre Lagarrigue, Diego de Lammerville, Dessislava Savova,Alexandre Couturier of Clifford Chance France, UAE, Spain, Belgium and luxemberg acted as legal advisor to Mannai Corporation Q.P.S.C. Credit Suisse (France), Torch Partners, LLC, Eight Advisory acted as financial advisor and Edouard Lamy (de), James Clarke, Jean Beauchataud, Lewis Blakey, Marc Lordonnois, Romain Ferla and Tom Richards of Weil, Gotshal & Manges LLP acted as legal advisor to NB Renaissance Partners and Weil, Gotshal & Manges LLP, Paris acted as legal advisor to Bain Capital Private Equity, LP. Ernst & Young France acted as financial advisor to Bain Capital Private Equity, LP.

Bain Capital Private Equity, LP, NB Renaissance Partners and management team of Inetum completed the acquisition of 99% stake in Inetum S.A. from Mannai Corporation Q.P.S.C. on July 20, 2022.