Paris, May 6, 2020 – The Eurazeo Growth companies, which currently account for 12% of the Group’s net
asset value (more than € 700 million) are successfully weathering the crisis and most have seen the pace
pick up in their underlying markets.
Since France put in place its lockdown measures and after practices were adapted in record time, a
number of these companies have experienced a significant surge in business, as they offer a digital
alternative in industries that have been badly shaken by the current health crisis. Examples include
Doctolib, a website that enables thousands of health practitioners in France and Germany to continue
consulting patients, as well as ManoMano, Back Market and Vestiaire Collective, which have clocked up
a considerable rise in demand on their retail websites and double-digit year-on-year growth on average,
or Younited Credit, which alongside Bpifrance is distributing fully digital “Recovery Loans” to support SMEs
in France, thereby maintaining strong momentum in its B2B venture, Younited Business Solutions.
In a world undergoing wholesale changes that will need to further harness digital technology, the mediumterm outlook has improved for all Eurazeo Growth companies, in particular those facilitating the digital transformation, such as Adjust, Contentsquare and Payfit. With their strong cash position and as leaders in the market, these companies are well positioned to take advantage of the additional growth opportunities that arise.
This is demonstrated by the success of recent funding rounds, in which Eurazeo invested nearly €150
million and in particular, Back Market with Eurazeo Growth investing €35 million. The strong outlook is
also bolstered by the trust of the Group’s investor partners, which, despite uncertainty in the global market,
have confirmed their interest in the Eurazeo Growth III fund.
About Eurazeo
o Eurazeo is a leading global investment company, with a diversified portfolio of €18,8 billion in assets under
management, including €12,5 billion from third parties, invested in over 430 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 nearly 300 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.
o Eurazeo has offices in Paris, New York, Sao Paulo, Seoul, Shanghai, London, Luxembourg, Frankfurt, Berlin
and Madrid.
o Eurazeo is listed on Euronext Paris.
o ISIN: FR0000121121 – Bloomberg: RF FP – Reuters: EURA.PA
