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New Deal


Announced

Eurazeo Growth to acquire minority stake in Meero.

Financials

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Transaction Value£183m
Consideration Type-
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

photography platform

Minority

France

Online and Social Platforms

Pending

Acquisition

Private Equity

Natural

Single Bidder

Synopsis

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Eurazeo Growth, investment company, has agreed to acquire minority stake in Meero, the start-up that’s revolutionizing the professional photography industry by enabling customers to access personalized photo and video offers worldwide, while facilitating the everyday work of photographers. Financial terms were not disclosed. This fundraising will enable Meero to propose its solutions to new customers and in new geographies, to accelerate the development of dedicated services for photographer communities and to perfect its automated publishing and content enrichment technologies. “This transaction strengthens Eurazeo’s position in Meero. Idinvest’s Venture team has been supporting the company since 2018 and is delighted to reinvest alongside the Eurazeo Growth team as part of this new funding round. We strongly believe in of Meero’s growth potential, which has rocketed in recent months.” Benoist Grossmann, Eurazeo Managing Partner.

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