EURAZEO ANNOUNCES A SUCCESSFUL TRANSACTION ACCELERATING ITS ASSET ROTATION

Eurazeo has entered into an agreement to sell to a third-party, at no discount, c.€260 million in assets previously carried on its balance sheet as part of its Elevate strategy. These assets will be carried by a dedicated fund still managed by Eurazeo. 

This transaction, which represents approximately 50% of the Group's stake in the PME III and PME IV funds, reduces the balance sheet share to approximately 20% for each of these vintages.

The Group will immediately receive half of the proceeds from the sale and receive additional payments subject to a value-sharing mechanism upon realization of the underlying assets. 

This transaction is part of the active balance sheet rotation strategy set out in Eurazeo's strategic plan (2024-2027). To date, announced and completed exits total approximately €1.4 billion, representing c.17% of the portfolio value at the end of 2024.

Christophe Bavière and William Kadouch-Chassaing, Co-CEOs, declared:

“These agreements demonstrate our partners' confidence in the quality of Eurazeo's model and its investments. They also mark the achievement of a key milestone in the realization of our strategic ambitions for 2027.”