3i Group Plc Invests £40.5 Million in France-Based Poliris

Paris -- U.K.-based 3i Group Plc, the largest publicly traded private-
equity firm in Europe, announced that it has invested approximately
£40.5 million (60 million euro) for a minority stake in Poliris, a France-
based online real-estate listings firm. "Poliris' impressive business
model, coupled with a top-class management team, made the decision
to invest in the company an easy one," said 3i France Managing
Director Guy Zarzavatdjian. "We are eager to work with the team to
encourage further growth and development within this niche market."
Poliris currently publishes four websites, Seloger.com,
Immostreet.com, SeLogerNeuf.com and LaCoteImmo, which combined
receive more than 4 million visitors per month and run 470,000
advertisements simultaneously.
http://makeashorterlink.com/?L4891114C