Top Private Equity News, Member Posts, Managed Futures Daily Indices and more!

3yrs ago Private Equity privateequitywire Views: 561

Eurazeo Capital invests in Questel alongside IK Investment Partners, RAISE Investissement and management team

Submitted 02/11/2020 - 9:45am

Eurazeo Capital, alongside IK Investment Partners, RAISE Investissement and the existing management team, has invested in Questel to acquire 100 per cent of its share capital. 

Eurazeo and the IK IX Fund will each invest an initial amount of nearly EUR200 million and together will hold a majority stake. Definitive financial information will be disclosed once the transaction has been completed.

Questel is a major intellectual property solutions provider that operates worldwide, developing SaaS products and an automated brand services and patent filing platform. The company works with close to 6,000 clients, including a number of large multinationals, offering end-to-end collaborative patent and brand management solutions across the innovation and intellectual property cycle, from invention, through to filing and renewal.

Employing approximately 900 people across 30 countries throughout the world, Questel is renowned for its technological expertise and has expanded considerably since 2018, when the IK VIII Fund first invested in the company.

Eurazeo Capital, IK Investment Partners and RAISE Investissement will support the Questel management team to pursue its growth strategy to gain a foothold in new markets, regions and services, while maintaining its strong technological focus. Questel will be able to take advantage of Eurazeo’s strong international network, in particular in the US and China. Supported by its shareholders, Questel will continue to pursue its ambitions, complete acquisitions and strengthen its range of SaaS solutions and services provided internationally.

The Eurazeo China Acceleration Fund, which was set up to support Eurazeo’s investments in French and European companies that are active in sectors with high growth potential in China in order to accompany them in pursuing this strategy, will also invest in Questel.

Charles Besson, CEO of Questel, says: "IK and Raise have supported and trusted us entirely to develop Questel. The goup has tripled its size in less than three years and continued to enrich its software and services offering. We are delighted to welcome Eurazeo as a new shareholder for this new chapter."

Marc Frappier, Managing Partner of Eurazeo and Head of Eurazeo Capital, says: "We are delighted to start working with Questel throughout the next stage of its development. This investment is a perfect example of Eurazeo Capital’s strategy to support high-potential tech companies to grow and expand internationally. We strongly believe in Charles Besson and his team, their ability to innovate and the quality of their solutions. And when combined with the expertise Eurazeo Capital is able to provide, we are sure Questel will continue to develop in a very high growth market."
 
Dan Soudry, Managing Partner at IK, and adviser to the IK VIII and IK IX Funds, says: "We are proud to support Charles Besson and his team to bolster Questel’s position as the leading provider of intellectual property solutions. Over the last two years, the group has tripled in size, driven by strong organic growth and a dynamic acquisition strategy that has helped Questel diversify its range of products and services and extend its geographic footprint. We firmly believe Questel demonstrates considerable growth potential and we are very pleased to continue the journey and support its management team for the next chapter.
 
Mathieu Blanc, Managing Partner at RAISE Investissement, says: "We seek to support talented entrepreneurs over the long term and through every stage of their development. Charles Besson and his team have done remarkably well over recent years to make Questel one of the world’s leading provider of intellectual property solutions. Having worked with them since 2015, we are extremely proud today to renew our backing of their ambitious growth plan for a third time."
 

Tags Deals & Transactions Investments

Today's Private Equity Headlines:

Log In for More
Access Over 250K+ Industry Headlines, Posts and Updates
Not a member yet?

Join AlphaMaven

The Premier Alternative Investment
Research and Due Diligence Platform for Investors

Free Membership for Qualified Investors and Industry Participants
  • Easily Customize Content to Match Your Investment Preferences
  • Breaking News 24/7/365
  • Daily Newsletter & Indices
  • Alternative Investment Listings & LeaderBoards
  • Industry Research, Due Diligence, Videos, Webinars, Events, Press Releases, Market Commentary, Newsletters, Fact Sheets, Presentations, Investment Mandates, Video PitchBooks & More!
  • Company Directory
  • Contact Directory
  • Member Posts & Publications
  • Alpha University Video Series to Expand Investor Knowledge
  • AUM Accelerator Program (designed for investment managers)
  • Over 450K+ Industry Headlines, Posts and Updates
ALL ALPHAMAVEN CONTENT IS FOR INFORMATIONAL PURPOSES ONLY. CONTENT POSTED BY MEMBERS DOES NOT NECESSARILY REFLECT THE OPINION OR BELIEFS OF ALPHAMAVEN AND HAS NOT ALWAYS BEEN INDEPENDENTLY VERIFIED BY ALPHAMAVEN. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. THIS IS NOT A SOLICITATION FOR INVESTMENT. THE MATERIAL PROVIDED HEREIN IS FOR INFORMATIONAL PURPOSES ONLY. IT DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO BUY ANY INTERESTS OF ANY FUND OR ANY OTHER SECURITIES. ANY SUCH OFFERINGS CAN BE MADE ONLY IN ACCORDANCE WITH THE TERMS AND CONDITIONS SET FORTH IN THE INVESTMENT'S PRIVATE PLACEMENT MEMORANDUM. PRIOR TO INVESTING, INVESTORS ARE STRONGLY URGED TO REVIEW CAREFULLY THE PRIVATE PLACEMENT MEMORANDUM (INCLUDING THE RISK FACTORS DESCRIBED THEREIN), THE LIMITED PARTNERSHIP AGREEMENT AND THE SUBSCRIPTION DOCUMENTS, TO ASK SUCH QUESTIONS OF THE INVESTMENT MANAGER AS THEY DEEM APPROPRIATE, AND TO DISCUSS ANY PROSPECTIVE INVESTMENT IN THE FUND WITH THEIR LEGAL AND TAX ADVISERS IN ORDER TO MAKE AN INDEPENDENT DETERMINATION OF THE SUITABILITY AND CONSEQUENCES OF AN INVESTMENT.