Eurazeo: Final closing of third growth equity fund at €1.6bn
Paris/ London/ Berlin — Eurazeo announced the final closing of its third growth equity fund at €1.6 billion. Of this amount, 320 million euros came from the balance sheet of the Eurazeo Group and 200 million euros from private investors. In total, the Group manages just under 23 billion euros.
The strategy was launched in 2014 and is focused on technology companies in software as a service, digital health, cybersecurity, infrastructure software, fintech and online marketplaces. Eurazeo Growth invests tickets from €25–100 million and above from Series C. In France, 24 of the “Next 40” companies are part of Eurazeo’s Growth portfolio, including unicorns Backmarket, Contentsquare, Doctolib, ManoMano and Vestiaire Collective.
In addition, the 15-member team is represented in London by Nathalie Kornhoff-Brüls, a German, and in Berlin by Zoé Fabian, who was recently named Investor of the Year by the German Startups Association. In Germany, Eurazeo Growth is currently invested in PPRO, the largest infrastructure provider for cross-border alternative payment methods, and in insurtech wefox. In February, Berlin-based adtech startup Adjust, in which Eurazeo Growth also had a stake, was sold to Applovin for just under $1 billion.
About EURAZEO
Eurazeo is a leading global investment group, with a diversified portfolio of €22.7 billion in assets under management, including €16 billion from third parties, invested across 450 companies. With its considerable private equity, private debt, real estate and infrastructure expertise, Eurazeo accompanies companies of all sizes, supporting their development through the commitment of its nearly 300 professionals and offering in-depth sector expertise, a gateway to global markets, and a responsible and stable foothold for transformational growth. Its solid institutional and family shareholder base, robust financial structure free of structural debt, and flexible investment horizon enable Eurazeo to support its companies over the long term. Eurazeo Growth III is managed by Eurazeo Investment Manager.
Eurazeo has offices in Paris, New York, Sao Paulo, Seoul, Shanghai, Singapore, London, Luxembourg, Frankfurt, Berlin and Madrid. Eurazeo is listed on Euronext Paris.