EURAZEO (EPA:RF) - EURAZEO FINALIZES THE ACQUISITION OF A 70% STAKE IN IDINVEST PARTNERS

Transparency directive : regulatory news

12/04/2018 17:45

EURAZEO FINALIZES THE ACQUISITION OF A 70% STAKE IN IDINVEST PARTNERS

Paris, April 12, 2018 - Eurazeo is pleased to announce the acquisition of a 70%
stake in Idinvest Partners. This follows the announcement on February 5, 2018
of a final agreement between the parties in which IDI, an investment company
listed on Euronext Paris, undertook to sell its entire investment in Idinvest,
i.e. 51% of the share capital.

Founded in 1997, Idinvest Partners has financed nearly 4,000 European companies
via its three business lines: Venture & Growth Capital, Private Debt and
Dedicated Portfolios & Funds (including secondary transactions). The company
manages EUR7 billion for insurance companies and leading institutional
investors, as well as 80,000 private individuals. Idinvest Partners draws on
its experience and expertise in numerous sectors to support entrepreneurial
development projects.

This transaction is an integral part of Eurazeo's long-term strategy to become
the partner of trust for businesses and entrepreneurs at all stages of their
development. It also supports its dual business model by developing third-
party fund management. A share acquisition price of EUR230 million was paid on
completion of the deal, valuing Idinvest at EUR310 million. Idinvest will
retain management autonomy and an unchanged management team, which will
continue to hold 30% of the capital.

About Eurazeo

> With a diversified portfolio of approximately EUR15 billion in assets under
  management(1), including EUR9 billion from third parties, Eurazeo is a
  leading global investment company with offices in Paris and Luxembourg, New
  York, Shanghai and Sao Paulo. Its purpose and mission is to identify,
  accelerate and enhance the transformation potential of the companies in
  which it invests. The firm covers most private equity segments through its
  five business divisions - Eurazeo Capital, Eurazeo Croissance, Eurazeo PME,
  Eurazeo Patrimoine and Eurazeo Brands - and its Idinvest business divisions.
  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. As a global long-term
  shareholder, the firm offers deep sector expertise, a gateway to global
  markets, and a stable foothold for transformational growth to the companies
  it supports.

(1) pro forma of Idinvest and Rhône

> Eurazeo is listed on Euronext Paris.
> ISIN: FR0000121121 - Bloomberg: RF FP - Reuters: EURA.PA

About Idinvest Partners

> With EUR7 billion under management, Idinvest Partners is a leading
  pan-European private equity firm focused on the mid-market segment. Idinvest
  Partners has developed several complementary areas of expertise including
  growth capital investments in innovative European start-ups; mid-market
  private debt (unitranche, senior loans and subordinated financing); primary
  and secondary investments in unlisted European companies and private equity
  consulting. Founded under the name AGF Private Equity in 1997, Idinvest
  Partners was formerly part of Allianz until 2010 when it became an
  independent firm.

EURAZEO CONTACTS
CAROLINE COHEN
HEAD OF INVESTOR RELATIONS
E-mail: ccohen@eurazeo.com
Tel:+33 (0)1 44 15 16 76

STEPHANIE BAJARD
COMMUNICATIONS DEPARTMENT
E-mail: smaria-bajard@eurazeo.com
Tel: +33 1 44 15 80 44

HAVAS PARIS
Daniel Saltsman
E-mail: daniel.saltsman@havas.com
Tel: +33 (0)6 33 39 94 42

    For more information, please visit the Group's website: www.eurazeo.com
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EURAZEO (EPA:RF) - EURAZEO FINALIZES THE ACQUISITION OF A 70% STAKE IN IDINVEST PARTNERS

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