EURAZEO (EPA:RF) - EURAZEO ANNOUNCES THE SALE OF ASMODEE AFTER A SUCCESSFUL TRANSFORMATION
Transparency directive : regulatory news
23/10/2018 17:45
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PRESS RELEASE
EURAZEO ANNOUNCES THE SALE OF ASMODEE AFTER A SUCCESSFUL TRANSFORMATION
Paris, October 23, 2018 - Eurazeo announced today the effective sale to PAI
Partners of its investment in Asmodee, a leading international games publisher
and distributor.
This deal perfectly reflects the in-depth transformation successfully completed
in recent years by Stéphane Carville and his teams with Eurazeo's support. In
four years, Asmodee's revenue has grown from EUR125 million to EUR442 million,
representing an average annual growth rate of 37%, and is now generated 75%
internationally. At the same time, publishing revenues increased to nearly
two-thirds of games sales. The Group also completed 20 acquisitions,
representing over EUR140 million in revenue.
The deal generating sales proceeds of EUR565 million for Eurazeo and its
investor partners, including EUR426 million for Eurazeo, i.e., a return on the
initial investment of nearly 4x and an Internal Rate of Return (IRR) of almost
35%.
About Eurazeo
o With a diversified portfolio of more than EUR17 billion in assets under
management, including over EUR11 billion from third parties, Eurazeo is a
leading global investment company with offices in Paris, 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 investment divisions - Eurazeo Capital, Eurazeo Croissance, Eurazeo PME,
Eurazeo Patrimoine and Eurazeo Brands - and through three Idinvest business
divisions: Venture Capital, Private Debt and Dedicated Portfolio & Funds.
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.
o Eurazeo is listed on Euronext Paris.
o ISIN: FR0000121121 - Bloomberg: RF FP - Reuters: EURA.PA
EURAZEO CONTACTS
CAROLINE COHEN
HEAD OF INVESTOR RELATIONS
E-mail: ccohen@eurazeo.com
Tel: +33 (0)1 44 15 16 76
VIRGINIE CHRISTNACHT
DIRECTOR OF COMMUNICATIONS
E-mail: vchristnacht@eurazeo.com
Tel: +33 1 44 15 76 44
PRESS CONTACT
HAVAS PARIS
Deborah Guedj
E-mail: deborah.guedj@havas.com
Tel: +33 (0)6 26 74 95 96
For more information, please visit the Group's website: www.eurazeo.com
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