The Autorité de la concurrence clears the takeover of Babilou by investment fund Antin Infrastructure
On 24 September 2020, the company Antin Infrastructure Partners notified the Autorité de la concurrence of its planned acquisition of exclusive control of the Babilou group.
Parties to the transaction
Antin Infrastructure is an investment fund whose portfolio consists of stakes in companies, mostly active in the energy, environment, telecommunications, transport and social infrastructure sectors.
The Babilou group is active in the provision of collective childcare services in nursery establishments under the Babilou brand as well as within partner nursery establishments. The group also offers parenting services (conferences, online educational support platform, collaborative platform for employees, etc.).
The transaction is not likely to harm competition
As the transaction did not lead to an overlap of activities in the collective childcare sector, the Autorité de la concurrence was able to rule out any competition concerns.
The Autorité thus cleared the transaction without condition.