Eurazeo has entered exclusive negotiations to acquire a majority stake in 3P, a Belgium-based software company specialising in public procurement and post-procurement solutions. 

The deal marks the eleventh investment for Eurazeo PME IV and the firm’s third transaction outside France, underscoring its focus on supporting European software champions with cross-border growth ambitions.

3P, founded in 2001, provides a subscription-based platform that automates, secures, and optimises tendering, procurement, and asset management processes for over 2,000 public clients in Belgium and France. Its software serves municipalities, regional authorities, hospitals, universities, and police forces, helping reduce administrative burdens, ensure regulatory compliance, and improve efficiency.

Eurazeo plans to accelerate 3P’s European expansion strategy, leveraging its network, resources, and M&A expertise. The company’s founders, alongside investors 3d investors and ING, will reinvest in the business and continue to support its growth.

Clément Morin, Managing Director of Eurazeo’s Small-mid buyout team, said: “3P is a perfect fit for our ambition to back European software leaders. We look forward to supporting 3P’s growth, particularly through cross-border M&A.”

3P CEO Pascal Meyers added: “We are excited to welcome Eurazeo as our majority shareholder. Their expertise and European DNA will help us accelerate our growth and solidify our position as a leading public-sector procurement technology partner.”

The transaction highlights Eurazeo’s commitment to scaling European GovTech solutions and its long-term strategy of partnering with fast-growing software businesses.

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