Idinvest Partners

Last updated

Idinvest Partners
Company typeLimited company with a board of directors
Industry Private equity
HeadquartersParis, France
Number of employees
+90
Website idinvest.com

Idinvest Partners, founded under the name AGF Private Equity, S.A in 1997, is a European private equity and venture capital firm. Operating as part of Allianz until 2010, Idinvest Partners then became independent. [1] Idinvest Partners is based in Paris, France and has further offices in Frankfurt (Germany), [2] [3] Dubai, Madrid, Spain and Shanghai, China. [4] [5]

Contents

Since its inception, Idinvest Partners has invested in more than 4,000 European businesses. With an excess of €8 billion in assets under management, [4] Idinvest Partners focuses on the financing of small and medium-sized European enterprises at various stages of growth. [1]

Idinvest Partners has been named Best Private Equity Team (Deloitte 2012 Technology Fast 50 Award) and awarded The French LP Gold Award 2012 at Private Equity Exchange. [6]

History

Idinvest was founded in 1997 by AGF (Allianz) as AGF Private Equity. [7]

In 2015, Idinvest Partners closed its second SME senior debt fund, Idinvest Dette Senior II (IDS II), at €400 million. [8] [9] [10]

In 2017, the Frankfurt office and Shanghai office was launched. [2] [3] [4] [5] [11] Idinvest Partners awarded private debt mandate by France's Fonds de Réserve pour les Retraites (FRR) and launches a new vehicle to finance industrial assets. [12]

In February 2018, the private equity firm Eurazeo agreed to acquire a majority stake in Idinvest Partners, creating a private equity firm with more than $15 billion in assets., [13] [14] In May 2018 Idinvest Partners closed its fourth direct lending fund, Idinvest Private Debt IV at €715 million. [15]

Portfolio

Idinvest Partners have financed businesses at various stages of growth. Idinvest has a particular focus on the IT sector, which include Deezer, [16] [17] [18] Criteo, [16] [17] [18] Happn, [19] Dailymotion, [20] Sigfox, [16] [17] [18] and others. IdInvest have Artificial intelligence companies in their portfolio, such as Neurala, an AI start-up with ties to NASA, [21] Stanley Robotics, a robotic valet service [22] and Clustree, an AI powered recruitment service. [23] Fintech investments are also included, with Kantox, a currency and risk management services company [24] and biotech and health investments, with DNA Script, a synthetic DNA manufacturer. [25]

References

  1. 1 2 "Company Overview of IDInvest Partners SA". Bloomberg. 24 November 2017.
  2. 1 2 "French PE boutique opens office in Frankfurt". Investment Europe. 9 February 2017.
  3. 1 2 "Idinvest Partners opens Frankfurt office". Private Equity Wire. 2 September 2017.
  4. 1 2 3 "Idinvest Partners Opens Shanghai Office As Internationalization Push Continues". Fin Alternative. 23 February 2017. Archived from the original on 1 December 2017. Retrieved 30 November 2017.
  5. 1 2 "Idinvest Partners opens Shanghai office". Private Equity Wire. 23 February 2017.
  6. ↑ "Winners 2012". Private Equity Exchange. Archived from the original on 1 December 2017. Retrieved 30 November 2017.
  7. ↑ Ollrog, Marc-Christian (22 September 2014). "Schattenbanken umwerben den Mittelstand". Faz.net.
  8. ↑ "Idinvest Partners closes second SME senior debt fund". Pe Hub. 9 July 2014.
  9. ↑ "Idinvest Partners, a pan-European private equity firm, has closed its second SME senior debt fund, Idinvest Dette Senior II (IDS II)". Private Equity Wire. 10 July 2014.
  10. ↑ "Idinvest caps rapid return to SME debt fundraising with €400m Fund II close". Altassets. 9 July 2014.
  11. ↑ "French PE Idinvest Partners expands to Asia, opens Shanghai office". Deal Street Asia. 28 February 2017.
  12. ↑ "Venture : le FRR confie un mandat à Truffle, à Omnes et à Idinvest". Les Echos. 27 October 2017.
  13. ↑ "Eurazeo buys majority stake in Idinvest Partners". Pionline. 6 February 2018.
  14. ↑ "Eurazeo merges with rival Idinvest Partners". Financial Times. 5 February 2018.
  15. ↑ "Idinvest Closes its Fourth Direct Lending Fund, at €715M". Finsmes. 16 May 2018.
  16. 1 2 3 "French Fundraising Shows Startup Cash Is Pouring into Paris". Bloomberg. 10 July 2017.
  17. 1 2 3 "France's Deezer Said to Seek Funds at $1 Billion Valuation". Finsmes. 17 August 2015.
  18. 1 2 3 "French VC fundraising shows startup money is pouring into Paris". Independent. 10 July 2017.
  19. ↑ "JustEat's IT provider gobbles £10m from investors behind Happn and Spotify". The Telegraph. 30 March 2016.
  20. ↑ "Dailymotion Hires New CEO*". Business Insider. 3 July 2009.
  21. ↑ "Neurala, an AI startup with ties to NASA, lands $14M in funding". Silicon Angle. 17 January 2017.
  22. ↑ "Robotic valet service secures backing to park your car for you". CNBC. 24 May 2017.
  23. ↑ "Clustree grabs $7.9 million for its AI-powered recruitment service". Tech Crunch. 5 June 2017.
  24. ↑ "Kantox pulls in $6m from existing investors". Banking tech. 8 August 2017.
  25. ↑ "DNA Script Raises €11M in Series A Financing". Finsmes. 12 September 2017.