Idinvest Partners

Last updated

Idinvest Partners
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] 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 solutions[ buzzword ] company [24] and biotech and health investments, with DNA Script, a synthetic DNA manufacturer. [25]

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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.
  5. 1 2 "Idinvest Partners opens Shanghai office". Private Equity Wire. 23 February 2017.
  6. "Winners 2012". Private Equity Exchange.
  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. In May 2018 "Eurazeo merges with rival Idinvest Partners". Financial Times. 5 February 2018.{{cite web}}: Check |url= value (help)
  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.