NEOXAM acquired by EURAZEO

Eurazeo, through its Small-Mid Buyout team, has entered into an agreement to invest over €100 million in NeoXam, becoming the majority shareholder alongside founder Serge Delpla and the management team led by Florent Fabre. The transaction enables the exit of historical shareholders, led by Cathay Capital and Bpifrance, who have been invested in the company since 2018, having supported its transformation and internationalization. This deal aims to support a new phase of growth for NeoXam, a leading financial software publisher specializing in data management, reporting, portfolio management, and post-trade operations solutions for asset managers, banks, and financial institutions. In recent years, the company has strengthened its international positioning and transformed its business model by significantly increasing the proportion of recurring revenues from SaaS subscriptions, which now account for the majority of its approximately €75 million revenue. The arrival of Eurazeo is expected to accelerate the group's development in its most dynamic segments, particularly Data Management and Reporting, while enhancing its presence in strategic markets such as Asia, the UK, and North America. The investor also intends to support NeoXam in executing an external growth strategy to enrich its software offerings, expand its customer base, and consolidate its position among the world's leading providers of technological solutions for asset management.

It is worth noting that the fund Cathay Capital took control of Neoxam through an LBO in 2018.