Eurazeo lbo with Eres

The leading global investment company to invest in Eres Group, the leading French Independant player in profit-sharing solutions and retirement schemes

Eurazeo, through its Mid-large buyout team and its affiliates, have signed an agreement to invest in Eres Group (the Group) and acquire a majority stake from the IK VIII Fund managed by IK Partners (IK), alongside the company’s management team and employees. Completion of the transaction is subject to obtaining relevant regulatory approvals.

Cambon Partners advised the shareholders of Eres on this transaction.

Established in 2005, Eres is the leading French independent player in the advisory and structuring, asset management and distribution of employee profit sharing plans (PEE, PERECO), retirement schemes (PER) and employee shareholding plans. Headquartered in Paris, Eres distributes its products through a network of more than 6,600 distributors (wealth management advisors, insurance brokers, accountants) and addresses directly Mid-sized companies and large groups.

Eres represents Eurazeo’s latest investment in financial services, one of its three key sectors of focus. Eurazeo will support Mathieu Chauvin, CEO of Eres, Alexis de Rozières, Managing Partner of Eres, and the rest of the management team to pursue its proven growth strategy. In the period from 2018 to 2023, the Group’s assets under management have increased from €2.4bn to €6.7bn. The investment from Eurazeo is expected to enable Eres to further consolidate its leading position in a growing market driven by structural tailwinds and further expand in adjacent markets.