Verlinvest invests in HomeExchange

By acquiring a substantial minority stake in HomeExchange, Verlinvest backs an established travel platform generating an annual turnover of alongside an adjusted EBITDA of . This primary buyout transaction reorganizes the capital structure of HomeExchange, facilitating the complete exit of the venture capital firm ISAI, which initially invested in 2021 to support a previous growth phase. Concurrently, the historical impact investor Ternel renews its financial commitment by rolling over its remaining equity from its first vintage into a dedicated continuation fund, explicitly backed by MAIF. Under this newly formed corporate governance architecture, co-founders and co-CEOs Emmanuel Arnaud and Charles-Édouard Girard significantly increase their ownership stakes to collectively approach 50 percent of the share capital. To fund this leveraged buyout, the financial consortium secured a 100 million euros unitranche debt facility structured by Eurazeo. The transaction process was initiated in April 2026 through a competitive single-round auction orchestrated by the investment banking firm Houlihan Lokey, led by advisor Joy Sioufi. The sell-side legal framework was managed by Gide Loyrette Nouel under the direction of Olivier Deren, with financial due diligence executed by EY and its partner Stéphane Vignals. Conversely, Verlinvest mandated Natixis Partners, represented by Olivier Dardel, and Clipperton, represented by Nicolas Von Bülow, to provide comprehensive buy-side financial advisory services. Verlinvest relied on Linklaters and Florent Mazeron for legal counsel, while Eight Advisory and Maxime Goerens conducted the financial audits for Verlinvest. Strategically, this capital injection provides HomeExchange with the institutional resources required to accelerate its commercial penetration across North America and Western Europe. Verlinvest intends to deploy its consumer brand-building expertise to transition the home swapping concept from a niche travel alternative into a mainstream global hospitality standard. The strategic roadmap explicitly prioritizes refining the digital user experience through new messaging systems and calendar functionalities, while simultaneously scaling specialized verticals such as the premium HomeExchange Collection segment. Ultimately, this financial partnership aligns a permanent capital sponsor with a profitable sharing-economy model, securing the long-term resources necessary to triple the platform's revenue output over the upcoming business cycles.