PARIS: Eurazeo, through its Mid-large buyout team and affiliates, has entered into exclusive negotiations to acquire a majority stake in Mapal, a leading provider of AI-powered operational management software for the food service and hospitality industries. The deal includes the participation of PSG Equity, which will retain a minority stake, and Mapal’s management team and employees….
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Eurazeo infrastructure fund held its final close at €706 million
Eurazeo announced that its maiden infrastructure program (comprising the Eurazeo Transition Infrastructure Fund – ETIF or Fund – and a co-investment vehicle) has held its final close at €706 million in aggregate commitments
Eurazeo invests in Rydoo, a provider of expense management solution
PARIS: Eurazeo, through its Small-mid buyout team, announced its investment in Rydoo, a leading global provider of expense management solutions. Rydoo’s product offering empowers corporate clients to manage and control employee spending through smart and automated expense management solutions. The transaction will be the ninth investment for Eurazeo PME IV and sits at the core…
Oakley Capital and Eurazeo to acquire co-controlling stake in I-TRACING
LONDON: Oakley Capital Investments (OCI), a leading pan-European private equity investor, is pleased to announce that Oakley Capital Fund V has been granted exclusivity with a view to acquiring a co-controlling stake alongside Eurazeo in I-TRACING, the leading independent provider of cybersecurity services in France. The transaction is subject to consultation with I-TRACING’s employee representative…
Eurazeo sells its 25% stake in MCH Private Equity
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,…
Eurazeo, Goldman Sachs, BPI France, and Iris Capital sell LumApps to Bridgepoint
PARIS: Eurazeo and its partners Goldman Sachs, BPI France, and Iris Capital, have signed agreements for the sale to Bridgepoint of their respective stakes in LumApps, the leading Employee Experience platform for businesses. Eurazeo has been supporting Lumapps since 2017, with successive reinvestments in 2018 and 2019 that have helped finance its international development and…
Eurazeo in talks with Apax Partners to sell its majority stake in Vitaprotech
PARIS, FRANCE: Eurazeo has entered into exclusive discussions with Apax Partners to sell its majority stake in Vitaprotech, the French leader in premium security solutions for sensitive sites, a statement noted. The operation would remain subject to applicable regulatory approvals. Eurazeo’s disposal would be set to produce a cash-on-cash multiple of 3.2x and an internal…
Eurazeo selling 51% stake in Trader Interactive to carsales for $350mn
PARIS, FRANCE: Eurazeo SE has announced sale of its remaining 51% stake in Virginia (USA)-based Trader Interactive to carsales, the largest online automotive advertising platform in Australia with a growing presence in Latin America and Asia. The sale of the 51% stake represents pre-tax proceeds of $350 million for Eurazeo and its affiliates, of which…
Eurazeo to sell its 47% stake in Reden Solar based on a €2.5bn Enterprise Value
PARIS, FRANCE: Eurazeo has reached an agreement with Macquarie Asset Management, in a consortium with British Columbia Investment Management Corporation (BCI) and MEAG, to sell its 47% stake in Reden Solar, a leading European independent solar power producer, based on a €2.5bn Enterprise Value. Reden Solar is active across eight countries, with more than 750…
Northleaf Capital Partners acquires PowerStream Energy Services
TORONTO: Northleaf Capital Partners, a global private markets investment firm, announced Wednesday that infrastructure funds managed by the firm have acquired PowerStream Energy Services from Alectra Energy Services Inc., an affiliate of Alectra Inc. The transaction was executed through a tuck-in acquisition by Provident Energy Management Inc., a Northleaf portfolio company. Financial terms were not…
Vintage Energy sells 25% stake in PEP 171 to Beach Energy for $1.25 million
MELBOURNE: Vintage Energy Ltd. (ASX: VEN) has signed agreements to sell its entire 25% interest in PEP 171, an onshore exploration permit in Victoria’s Otway Basin, to Beach Energy Ltd. (ASX: BPT) for $1.25 million. The sale, announced Thursday, is contingent on regulatory approvals and the waiver of pre-emptive rights by joint venture partner Amplitude…
Brera Partners acquires 70% shares in GBSAPRI Group in Italy
ZURICH: Brera Partners, a private equity firm with a focus on the asset-light financial services industry, has acquired a 70% stake in the esteemed Italian insurance broker, GBSAPRI Group. While the financial specifics of the deal remain undisclosed, this acquisition marks a significant step in Brera Partners’ strategy to strengthen its position in the Italian…