EURAZEO (EPA:RF) - EURAZEO ANNOUNCES A STRATEGIC ALLIANCE WITH THE IBERIAN FUND MANAGER MCH PRIVATE EQUITY

Transparency directive : regulatory news

03/04/2019 21:30

PRESS RELEASE

    EURAZEO ANNOUNCES A STRATEGIC ALLIANCE WITH THE IBERIAN FUND MANAGER MCH
                             PRIVATE EQUITY

Paris, April 3 2019 - Eurazeo announces the conclusion of a binding agreement
to acquire a strategic interest in MCH Private Equity ("MCH"), a leading
Iberian middle market private equity fund manager. Eurazeo will acquire a 25%
minority stake in MCH and will also participate as a limited partner into MCH's
fifth fund vintage ("MCH V") which is expected to be launched in the coming
months. The total investment of Eurazeo in MCH's management company as well as
MCH V's commitment is approximately EUR100m. This partnership is a new step
towards Eurazeo's long-term ambition to grow its international network.

Founded in 1998, MCH is a leading Iberian private equity firm based in Madrid.
With almost EUR1 billion of assets under management, 34 investments made since
inception and more than 20 years of experience in the industry, MCH benefits
from one of the longest standing and most comprehensive track-records in
Southern Europe. The MCH Team, consisting of 20 dedicated investment
professionals, is led by four Senior Partners: Jaime Hernández Soto, José
María Muñoz, Andrés Peláez and Ramón Núñez.

The strong alignment between Eurazeo PME, the mid-cap investment strategy of
Eurazeo, and MCH, combined with the complementarities across their respective
local networks of relationships will materially enhance the value created for
portfolio companies, shareholders and limited partners. MCH will have access to
Eurazeo's international networks as well as its digital and ESG value creation
teams.
The two firms will remain independent, with investment teams focused on their
respective funds and domestic markets. Completion is subject to customary
Spanish regulatory approval.

Olivier Millet, Member of the Executive Board of Eurazeo and Chairman of the
Executive Board of Eurazeo PME, said: "This strategic alliance with MCH fits
perfectly with Eurazeo PME's strategy to become a leading pan-European player
in the mid-market. This partnership will continue to strengthen Eurazeo's
network across its asset classes and the geographic expansion of our Group."

Frans Tieleman, Head of Eurazeo Development, added: "Widely recognized as a
reference in the Spanish mid-market, MCH has consistently demonstrated
outstanding performance. We are very pleased to partner with MCH's management
team during their next phase of development starting with the upcoming MCH V
fundraise."

EURAZEO CONTACTS
CAROLINE COHEN Head of Investor Relations
email: ccohen@eurazeo.com
Tel: +33 (0)1 44 15 16 76

VIRGINIE CHRISTNACHT
Head of Communications
email:  vchristnacht@eurazeo.com
Tel: +33 1 44 15 76 44

PRESS CONTACT

Havas Paris
AMELIE DE BOURBON PARME
email: amelie.debourbonparme@havas.com
Tel: +33 (0)6  09 01 68 25

    For more information, please visit the Group's website: www.eurazeo.com
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Jaime Hernandez Soto and José María Muñoz, Founding Partners of MCH,
commented: "Our shared values and philosophy will provide a strong basis for
the successes to come for this partnership. This is a key step in MCH
development as we continue to grow, with major milestones for the firm in the
coming months. We are thrilled to partner up with Eurazeo, which will reinforce
both firms' international reach, influence and capabilities. We are convinced
that our two teams, while still operating independently, will provide valuable
experience and skill sets to each other to gradually help to build a
world-class pan-European platform."

                                    ***

About Eurazeo

o Eurazeo is a leading global investment company, with a diversified portfolio
  of EUR17 billion in assets under management, including nearly EUR11 billion
  from third parties, invested in over 300 companies. With its considerable
  private equity, venture capital, real estate, private debt and fund of funds
  expertise, Eurazeo accompanies companies of all sizes, supporting their
  development through the commitment of its 235 professionals and by offering
  deep 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 has offices in Paris, New York, Sao Paulo, Buenos Aires, Shanghai,
London, Luxembourg, Frankfurt and Madrid.

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

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EURAZEO (EPA:RF) - EURAZEO ANNOUNCES A STRATEGIC ALLIANCE WITH THE IBERIAN FUND MANAGER MCH PRIVATE EQUITY

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