PARIS: Eurazeo announced the sale of its 25% stake in MCH Private Equity (MCH), an asset manager specialized in small cap private equity in Spain. Eurazeo retains an EUR 80 million investment in the MCH V fund.
An announcement will be made by Eurazeo before the end of July on the finalization of this process, which is subject to regulatory approval.
Olivier Millet, Managing Partner, member of Eurazeo’s Executive Board, said: ‘We are very proud to have been with MCH and its teams since 2019. In line with the strategy presented at the Capital Market Day on 30 November 2023, Eurazeo now wishes to focus on its own areas of excellence with a view to scale up. We will remain actively invested in the MCH V Fund.’
Jaime Hernandez Soto, Founding Partner at MCH, said: ‘We have shared many successes with Eurazeo over the past five years, and the support of the teams has been key in internationalizing our portfolio companies. Based on the excellence developed by our teams in recent years, we are perfectly positioned to continue our ambitious strategy of expansion in our Spanish market segments, with the launch of a new EUR 500 million fund as early as 2025.’
Eurazeo is a leading European investment group with €35.0bn in diversified assets under management, including €24bn on behalf of institutional and private clients through its private equity, private debt, real estate and infrastructure strategies. The Group supports more than 600 mid-market companies, leveraging the commitment of its 400 employees, its sector expertise, its privileged access to global markets via 12 offices in Europe, Asia and the United States, and its responsible approach to value creation based on growth. The company’s institutional and family shareholding structure, and its solid financial structu re, ensure its long-term viability.
Eurazeo has offices in Paris, New York, London, Frankfurt, Berlin, Milan, Madrid, Luxembourg, Shanghai, Seoul, Singapore and Sao Paulo. Eurazeo is listed on Euronext Paris.
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