Advent builds French team

Advent International has appointed Alice Escoffier as assistant director in the Paris office. Escoffier joins after having spent four years with 3i in Paris where, as part of the buyout team, where she focused on corporate and industrial sector transactions.

Before joining 3i, she specialised in buyouts at ING Barings’ acquisition finance department in Paris.

Since opening its Paris office in 1997, Advent has supported the international development of companies such as Elior, Materis, Loxam, Dufry and Sportfive. Last year, the Paris office invested in Stokomani, a leading discount retailer, and Sophis, a leading provider of cross-asset, front-to-back portfolio and risk management solutions.