French private equity firm Eurazeo has sold its 25% stake in MCH Private Equity, an asset manager specialising in small-cap private equity investments in Spain.
As a result of the transaction, which is subject to regulatory approval, Eurazeo retains an €80m investment in the MCH V fund having first invested in the firm in 2019.
In a press statement, Olivier Millet, Managing Partner and a member of Eurazeo’s executive board, said that the firm “now wishes to focus on its own areas of excellence with a view to scale up”.
Jaime Hernandez Soto, Founding Partner at MCH, described an “ambitious strategy of expansion in our Spanish market segments, with the launch of a new €500m fund as early as 2025”.
Source: Private Equity Wire
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