Eurazeo

Surge announces closing of a €7.5 million fundraising round to decrypt the immune system and transform precision medicine

Retrieved on: 
Thursday, March 28, 2024
Technology, Biotechnology, Health, Finance, Professional Services, Artificial Intelligence, Other Science, Research, Managed Care, General Health, Hospitals, Health Technology, Science, Clinical Trials, BPI, Eurazeo, Partner, Medicine, Algorithm

Surge has just closed its second round of funding, raising €7.5 million.

Key Points: 
  • Surge has just closed its second round of funding, raising €7.5 million.
  • The round was led by Eurazeo with the participation of Kima, Teampact, and MH Innov’, as well as the support of historical funds Boutique Venture, HCVC, and 50 Partners Santé.
  • The fundraising is complemented by grants from BPI, including support for deep tech development and the Future Investment Program, of which Surge was a laureate.
  • This second round of funding, marked by the entry of strategic investors, reflects Surge's accelerated development and the beginning of the commercial expansion phase.

Trader Interactive CEO Lori Stacy Retires, Succeeded by David McMinn

Retrieved on: 
Monday, November 20, 2023
Carsales, Auto Trader Group, CFO, Auto Trader, Trader Corporation, TI, Culture, Dominion Enterprises, Partnership, LTD, Retirement, King Car Group, Goldman Sachs, Growth, Family, Management, Eurazeo, Trader, McMinn

VIRGINIA BEACH, Va., Nov. 20, 2023 /PRNewswire/ -- Trader Interactive, the parent company of leading online marketplaces in the lifestyle vehicle and commercial equipment industries, has announced the retirement of its CEO, Lori Stacy, after an illustrious 25-year career. She will be succeeded by David McMinn, who currently serves as the company's Chief Operating Officer.

Key Points: 
  • She will be succeeded by David McMinn, who currently serves as the company's Chief Operating Officer.
  • Stacy began as a sales manager at Auto Trader in 1997 and steadily ascended through the ranks as she increased focus on non-automotive brands, ultimately moving into the CEO position in 2017.
  • McMinn transitions to the CEO role after successful stints as the company's Chief Financial Officer and Chief Operating Officer.
  • McMinn added "Trader Interactive is unique with a thriving culture and so many opportunities to continue to build value for our customers.

Nextiva Welcomes Senthil Velayutham as Chief Product and Technology Officer

Retrieved on: 
Tuesday, August 29, 2023
Apps, Applications, Technology, VoIP, Other Technology, Audio, Video, Telecommunications, Software, Microsoft Teams, Chief technology officer, Microsoft RoundTable, Goldman Sachs, Business, Microsoft, Multimedia, Acquisition, Velayudham, Growth, Skype for Business, Senthil, Sales, Management, Video game, Nextiva, Eurazeo

Nextiva, the leading business conversation platform, today announced the appointment of Senthil Velayutham as Chief Product and Technology Officer (CPTO).

Key Points: 
  • Nextiva, the leading business conversation platform, today announced the appointment of Senthil Velayutham as Chief Product and Technology Officer (CPTO).
  • View the full release here: https://www.businesswire.com/news/home/20230829160720/en/
    CTO and Chief Architect of Microsoft Teams joins Nextiva as Chief Product and Technology Officer.
  • (Photo: Nextiva)
    Velayutham brings high-growth product and technology experience, and joins Nextiva to lead the company’s global engineering, product and technology teams.
  • Most recently, Velayutham was Chief Product & Technology Officer at Trader Interactive, a Goldman Sachs and Eurazeo portfolio company, now acquired by carsales.com.

NexPhase Capital-Backed KnowFully Learning Group Appoints Matthew Wertz as CEO

Retrieved on: 
Tuesday, June 27, 2023
The Advisory Board Company, K12, Accounting, Student, Acquisition, Eurazeo, Growth, Management

RADNOR, Pa., June 27, 2023 /PRNewswire/ -- KnowFully Learning Group ("KnowFully" or the "Company"), a NexPhase Capital-backed company and leading provider of continuing professional education, exam preparation courses, and digital learning solutions to the healthcare, accounting, and finance sectors, today announced that Matthew Wertz has been appointed Chief Executive Officer, effective immediately. He succeeds Eric Cantor, who has served as CEO since 2020 and will remain on the Board following a transition period.

Key Points: 
  • Eric Cantor to Step Down; Will Remain on Board
    RADNOR, Pa., June 27, 2023 /PRNewswire/ -- KnowFully Learning Group ("KnowFully" or the "Company"), a NexPhase Capital-backed company and leading provider of continuing professional education, exam preparation courses, and digital learning solutions to the healthcare, accounting, and finance sectors, today announced that Matthew Wertz has been appointed Chief Executive Officer, effective immediately.
  • He succeeds Eric Cantor, who has served as CEO since 2020 and will remain on the Board following a transition period.
  • Mr. Wertz brings decades of experience leading businesses across the educational travel and experiential learning space.
  • I look forward to working with the full leadership team and supporting KnowFully in an ongoing capacity as a member of the Board."

Cado Security Announces $20M in Funding to Drive Innovation and Global Expansion

Retrieved on: 
Thursday, March 9, 2023
Software, Finance, Start-Up, Data Management, Professional Services, Technology, Mobile, Wireless, Security, Cloud, AWS, Growth, Cador, Risk, RSA, Conference, Information security operations center, Organization, Marketing, Data collection, Google Cloud, Microsoft, Video game, Eurazeo

Cado Security , provider of the first cloud forensics and incident response platform, today announced the company has raised $20M in funding.

Key Points: 
  • Cado Security , provider of the first cloud forensics and incident response platform, today announced the company has raised $20M in funding.
  • The round was led by Eurazeo, a leading global investment company, and joined by Ten Eleven Ventures, the original cybersecurity-focused, global, stage-agnostic investment firm.
  • The funds will build on the company’s impressive growth and momentum by further enabling its global expansion and continued innovation through product development, accelerating go-to-market strategies, and growing sales and marketing.
  • “We are thrilled to be investing in Cado Security,” said Thomas Turelier, Vice President - Venture Digital, at Eurazeo.

Eurazeo Announces Sale of Majority Ownership Position in NEST New York to North Castle Partners Led Investor Group

Retrieved on: 
Monday, November 7, 2022
Banking, Professional Services, Finance, Avalon, Acquisition, Equinox Group, Juice, Terminology, Euronext Paris, Hawk's Nest, New York, Octane Fitness, LLC v. ICON Health & Fitness, Inc., EAS, Growth, Boot camp, Company, Sephora, Pleasure, The Fragrance Foundation, Cascade, EBITDA, Full Swing, Health, Sustainability, Echelon, Hydro massage, Investment, Partnership, Personal care, Person, Multimedia, Awareness, Contigo, CEO, Financial services, Toy, Eurazeo, NEST

Under the terms of the transaction, an investor group led by North Castle Partners (North Castle), a consumer-focused private equity firm, will purchase a majority stake in NEST, with Eurazeo and NEST Founder Laura Slatkin retaining minority ownership positions.

Key Points: 
  • Under the terms of the transaction, an investor group led by North Castle Partners (North Castle), a consumer-focused private equity firm, will purchase a majority stake in NEST, with Eurazeo and NEST Founder Laura Slatkin retaining minority ownership positions.
  • View the full release here: https://www.businesswire.com/news/home/20221107005783/en/
    Eurazeos Brands Division launched in May 2017 and NEST was its debut investment.
  • Under Eurazeos management, NESTs leadership team accelerated product innovation, expanded brand awareness and significantly increased the brands digital penetration.
  • Its an ideal situation for us with Rich Gersten, Beauty Industry Advisor at North Castle Partners, having worked with Laura and NEST in the past.

PowerPlant Partners Announces George Birman as Principal and Logan Schwartz as VP

Retrieved on: 
Thursday, October 27, 2022
Finance, Consulting, Professional Services, Business, Food, Beverage, Socially Responsible Investing, Agriculture, Retail, Organic Food, Natural Resources, Company, Growth, The Coca-Cola Company, Food, Agriculture, PepsiCo, Beauty, Industry, PowerPlant, Beyond Meat, Veggie Grill, ZICO (beverage), Investment, Apeel Sciences, Warrior, Creamery, Knowledge, VP, Entrepreneurship, Drink, Leadership, Principal, Pharmaceutical industry, Airline, Eurazeo, San Francisco Bay Area

The firm also announced the recent promotion of Logan Schwartz to VP.

Key Points: 
  • The firm also announced the recent promotion of Logan Schwartz to VP.
  • With his knowledge and experience, we are extremely pleased to have George as a leader in our organization, said Dan Gluck, Co-Managing Partner of PowerPlant Partners.
  • His leadership across our organization has been of tremendous value to our firm and portfolio companies, said Mark Rampolla, Co-Founder and Co-Managing Partner of PowerPlant Partners.
  • PowerPlant Partners is a global leader investing in companies that are better for people and the planet.

Aqemia Raises €30M to Scale its Deep Physics and AI Enabled Drug Discovery Pipeline

Retrieved on: 
Wednesday, October 19, 2022
Research, Technology, Other Technology, Clinical Trials, Biotechnology, Pharmaceutical, Health, Science, Oncology, Artificial Intelligence, Launch pad, New Senior Investment Group, Machine learning, COO, Patient, Euronext Paris, Research, Investment, Sanofi, Technology, École normale supérieure (Paris), VC, Drug discovery, AI, CEO, Series, Physics, Artificial intelligence, Janssen, DNA, SME, CNRS, Algorithm, Yunnan Normal University, Pharmaceutical industry, Medical device, Financial services, Security (finance), Chemistry, Greentech, Eurazeo, Bpifrance, Elaia, Association of British HealthTech Industries

This financing will further support Aqemias core mission: to massively scale drug discovery, through a first-in-class technological platform combining quantum-inspired physics and machine learning.

Key Points: 
  • This financing will further support Aqemias core mission: to massively scale drug discovery, through a first-in-class technological platform combining quantum-inspired physics and machine learning.
  • The unprecedented pace a whopping 10,000x faster while maintaining costs - and accuracy of our deep physics algorithms, adding up to our generative AI, creates a unique combination that permits to generate innovative new drug candidates more quickly, and scale drug discovery projects as technology projects.
  • Aqemia's ambition is to optimize and accelerate early drug discovery projects on a massive scale in order to uncover dozens of proprietary new drug candidates.
  • The disruptive speed and accuracy of our technology platform allows us to scale drug discovery projects as technology projects.

Private Equity Women Investor Network Names Eurazeo 2022 International General Partner of the Year

Retrieved on: 
Monday, September 26, 2022
Professional Services, DEI (Diversity, Equity and Inclusion), Environmental, Social and Governance (ESG), Consumer, Women, Finance, Asset Management, ESG, Woman, Organization, Growth, Industry, Â, CEO, Female, Leadership, General partnership, International, Euronext Paris, Lead, Financial services, Renewable energy, Eurazeo

Eurazeo, a leading global investment company with a diversified portfolio of 32.5 billion in assets under management, today announced that it was named the 2022 International General Partner of the Year by Private Equity Women Investor Network (PEWIN).

Key Points: 
  • Eurazeo, a leading global investment company with a diversified portfolio of 32.5 billion in assets under management, today announced that it was named the 2022 International General Partner of the Year by Private Equity Women Investor Network (PEWIN).
  • The award is given annually by PEWIN to a General Partner committed to transforming the private equity industry by supporting increased gender diversity and female leadership.
  • Virginie Morgon, CEO of Eurazeo, said: "Increasing gender diversity both within Eurazeo and the broader private equity industry is one of our top priorities with our O+ Initiative, along with sustainability.
  • At Eurazeo, women account for one-third of leadership roles and lead more than one-third of our investment teams.

carsales.com Ltd to purchase 100% of Trader Interactive

Retrieved on: 
Monday, June 27, 2022
Carsales, Acquisition, Walneck's Classic Cycle Trader, Goldman Sachs, Methodology, ASX, Growth, Ownership, Industry, Private equity, Partnership, GS, Work, Technology, NYSE, Euronext Paris, Culture, Solution, Goldman Sachs asset management factor model, Leadership, Intention, Management, Financial services, Security (finance), Trader, Eurazeo

VIRGINIA BEACH, Va., June 27, 2022 /PRNewswire/ -- carsales.com Ltd (carsales), the largest online marketplace in Australia focusing on the automotive, motorcycle, and marine realms, has announced the intention to purchase the remaining 51% of Trader Interactive from the current investors, Eurazeo and Goldman Sachs Asset Management to bring their holding up to 100%. The official announcement was made before the ASX this morning. The move to acquire Trader Interactive first started last year, when carsales purchased 49% of Trader Interactive in August of 2021. The deal is expected to conclude in late Q3.

Key Points: 
  • The move to acquire Trader Interactive first started last year, when carsales purchased 49% of Trader Interactive in August of 2021.
  • Through its industry leading brands such as Cycle Trader, RV Trader, Commercial Truck Trader and Equipment Trader, Trader Interactive connects over 13 million consumers monthly to over 9,500 dealers while providing customers with innovative solutions to improve their profitability and drive a more seamless experience with their buyers.
  • We can see how compatible we are from a culture and strategy perspective" said Lori Stacy, Trader Interactive's Chief Executive Officer.
  • Linked by a widely recognized family of "Trader" trademarks dating back several decades, the company's brands include lifestyle vehicle marketplaces Cycle Trader, RV Trader, ATV Trader, PWC Trader, Snowmobile Trader, Aero Trader, and Trade-A-Plane, as well as commercial vehicle marketplaces Commercial Truck Trader, Equipment Trader, NextTruck, Rock & Dirt, and Tradequip.