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Portfolio Company News

2021-03-8

Questel signs the acquisition of NovumIP, supported by Eurazeo Capital, IK Investment Partners, and RAISE Investissement

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Questel, a global IP software and tech-enabled services leader offering an integrated end-to-end platform of software and services across the innovation lifecycle, has announced today the signing of the acquisition of NovumIP, a global intellectual property (IP) technology group comprised of PAVIS and Novagraaf, two European leaders, active in patents annuities and trademarks renewals.

The acquisition will enhance Questel’s presence in the IP value chain through a comprehensive offering delivering a full set of solutions for its global customers and also fully reflects Questel’s ambition to continuously enhance its value proposition for such customers. Integrating patent annuities with Questel’s existing range of solutions, notably its intellectual asset management platform, will be a step-change for customers seeking one convenient location to manage all of their IP activities.

Eurazeo Capital, IK Investment Partners and RAISE Investissement will invest to finance the acquisition of NovumIP. Following the transaction, Eurazeo and the IK IX Fund will each invest an incremental amount of approximately €150 million and together will continue to hold a majority stake in Questel, while Paragon Fund III, an affiliate of NovumIP’s majority shareholder, will invest and become a financial investor of Questel.

Definitive financial information will be disclosed once the transaction is completed. The completion of the transaction is subject to the definitive approval of the German Financial Supervisory Authority (BaFin) as well as the Competition Authorities.

This acquisition demonstrates the commitment of Eurazeo Capital, IK Investment Partners and RAISE Investissement to support the Questel management team as it continues to pursue its expansion strategy into the IP management value chain. This strategy is supported by strong organic growth and a dynamic acquisition strategy that has helped in the past and should prove paramount in allowing  Questel to continue extending its geographic footprint in the future, whilst also providing a differentiated end-to-end set of solutions for its clients.

The NovumIP transaction follows the recent acquisitions by Questel of innosabi, an innovation SaaS company based in Germany, and doeLEGAL, a US software business active in enterprise legal management. These acquisitions represent a great milestone in the Questel journey.

For further questions, please contact:

Eurazeo
Pierre Bernardin
Head of Investor Relations
pbernardin@eurazeo.com
Tel: +33 (0)1 44 15 16 76

Virginie Christnacht
Head of Communications
vchristnacht@eurazeo.com
Tel: +33 (0)1 44 15 76 44

IK Investment Partners
France:
CTCom
Sibylle Descamps
sibylle.descamps@ct-com.com
Tel: +33 (0) 6 82 09 70 07

International:
Maitland/AMO
James McFarlane
jmcfarlane@maitland.co.uk 
Tel: +44 (0) 7584 142 665

RAISE Investissement
Charlotte Doyen
charlotte.doyen@raise.com
Tel: +33 674791846

About IK Investment Partners

IK Investment Partners (“IK”) is a Pan-European private equity firm focused on investments in the Benelux, DACH, France, Nordics and the UK. Since 1989, IK has raised more than €13 billion of capital and invested in over 145 European companies. IK supports companies with strong underlying potential, partnering with management teams and investors to create robust, well-positioned businesses with excellent long-term prospects. For more information, please visit www.ikpartners.com

About Eurazeo

Eurazeo is a leading global investment company, with a diversified portfolio of €18.8 billion in assets under management, including nearly €13.3 billion from third parties, invested in over 430 companies. With its considerable private equity, venture capital, real estate, and private debt, Eurazeo accompanies companies of all sizes, supporting their development through the commitment of its nearly 300 professionals and by offering deep sector expertise, a gateway to global markets, and a responsible and stable foothold for transformational growth. Its solid institutional and family shareholder base, robust financial structure free of structural debt, and flexible investment horizon enable Eurazeo to support its companies over the long term. Eurazeo has offices in Paris, New York, Sao Paulo, Seoul, Shanghai, London, Luxembourg, Frankfurt, Berlin and Madrid. Eurazeo is listed on Euronext Paris. ISIN: FR0000121121 - Bloomberg: RF FP - Reuters: EURA.PA

About RAISE Investissement

RAISE Investissement is a capital investment company set up by the RAISE group, founded by Clara Gaymard and Gonzague de Blignières. With €410 million of committed capital, the fund supports high growth medium-sized French companies that generate revenue of between €30 million and €500 million, by investing stakes of between €10 million and €50 million to help them grow. The RAISE group is built around a financing model that combines profitability with generosity as the investment teams (RAISE Investissement, RAISE REIM, RAISE Ventures, RAISE Impact and RAISE LAB) donate 50% of their earnings through the group profit sharing scheme to an internal endowment fund, RAISESHERPAS, which supports startups and helps them grow. This initiative, pioneering in France, creates a virtuous circle involving major corporations, institutional investors, medium-sized businesses and startups. For more information, visit www.raise.co/en/

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