Editorial & Advertiser disclosure

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Finance

UK's 3i Group explores options, including sale of France's Evernex, Bloomberg News reports

Published by Global Banking and Finance Review

Posted on October 1, 2025

Featured image for article about Finance

(Reuters) -British private equity firm 3i Group is considering exit options, including a sale of French IT maintenance provider Evernex, Bloomberg News reported on Wednesday, citing people familiar with the matter.

The potential sale of Evernex, which is being arranged with Bank of America, could be valued at 1.2 billion euros to 1.5 billion euros ($1.41 billion-$1.76 billion), the report said.

3i declined to comment on the report, while Evernex and Bank of America did not immediately respond to Reuters requests for comment.

Evernex, which supports IT system maintenance for companies across more than 165 countries and serves over 15,000 clients, was acquired by 3i in 2019 from Carlyle Group for an undisclosed sum.

The British investment firm also sold premium pet food firm MPM Products in June this year, generating proceeds of 400 million pounds.

($1 = 0.8529 euros)

(Reporting by Yamini Kalia and Megha Kumari in Bengaluru; Editing by Alan Barona)