21 Invest France is starting the deployment of its 6th generation of funds with a majority stake in Agorastore. The transaction, signed on October 1, 2022, allows the exit of the current majority shareholder, the entry of Bpifrance as a minority shareholder and gives rise to a significant reinvestment by the management.

Agorastore, founded in 2005, has developed a unique expertise in the valuation and sale of used equipment and real estate assets for B2B customers through an online auction platform and complementary services covering the entire transaction cycle, from asset valuation, through audience targeting, to after-sales services.

The platform also benefits from a large and qualified base of professional buyers, including French and European companies. Through its activity, Agorastore places circular economy at the heart of its business model and intends to quantify and value its positive impact in terms of decarbonisation by extending the life cycle of the capital goods it sells. The group's recognised know-how has enabled it to post a sales volume of more than €100m, growing by almost 30% per year over the last three years and with solid profitability.