Consort NT, the French IT consulting and outsourcing services provider, has undergone a secondary leveraged buy-out (LBO) operation, which saw EPF Partners, a private equity firm, acquire an unspecified minority stake, according to a company statement.

The French-language statement added that the management team, led by CEO Jason Guez and General Director Marc Adler, increased its interest in the company to 70%. The current investors Naxicap Partners and AXA Private Equity made a significant investment in the company, the item added.

The transaction, which was advised by Financière Cambon, was financed by a senior debt and a cash contribution, the item said.

Consort NT registered revenues of EUR 104m last year, the statement said. It has over 1,600 employees.