Eurazeo Secures €1 Billion for PME V Fund with Initial Investments

Eurazeo has announced the first close of its PME V fund, achieving commitments of over €1 billion. The previous fund, PME IV, reached approximately €1 billion in 2022. The latest round of fundraising highlights Eurazeo's strength in the European mid-market buyout sector and its ability to adapt to technological shifts. Notably, international investors now comprise 60% of the total commitments.

The fund has already made initial investments in two companies: OMMAX, a rapidly growing data analytics and AI consultancy, and Nextron Systems, a cybersecurity software provider. OMMAX, based in Munich, has begun its strategic expansion with the acquisition of Singulier, a French firm. Nextron Systems boasts a suite of threat intelligence products, used by over 550 customers in more than 25 countries.

With these transactions, the fund has been deployed at more than 10% and aims for a portfolio of over 15 companies. Eurazeo's strategy focuses on growth in Tech and Services sectors across Europe.