EURAZEO GROWTH ACQUIRES A STAKE IN ADJUST, THE LEADER IN MOBILE ATTRIBUTION,
MEASUREMENT AND FRAUD PREVENTION
Paris, June 12, 2019 - Eurazeo Growth is pleased to announce the acquisition of
a minority stake in Adjust, the leader in mobile attribution, measurement and
As part of the company's expansion, Eurazeo Growth has contributed EUR60
million as the lead investor in funding round alongside Sofina, Morgan Stanley
Alternative Investment Partners and Adjust's historical investor, Highland
Europe. It is to date one of Europe's largest financing rounds in 2019 and
Eurazeo Growth's first investment in Germany.
Founded in 2012, Adjust is the industry leader measurement and fraud
prevention. The global company provides high-quality analytics, measurement and
fraud prevention solutions for mobile app marketers worldwide, enabling them to
make smarter, faster marketing decisions. Adjust is a marketing partner with
all major platforms, including Facebook, Google, Snap, Twitter, Line, and
Tencent. In total, more than 25,000 apps have implemented Adjust's solutions to
improve their performance. Adjust now employs over 350 people in its offices in
Berlin, New York, San Francisco, São Paulo, Paris, London, Moscow, Istanbul,
Tel Aviv, Seoul, Shanghai, Beijing, Tokyo, Mumbai and Singapore.
Following a strong period of growth since 2013, Adjust will use this funding to
continue to expand its product suite and its international coverage.
Yann du Rusquec and Guillaume Santamaria, Directors of Eurazeo Growth, stated:
"We're delighted to invest in Adjust, one of the symbols of Germany's thriving
tech ecosystem". "As market leader, Adjust is ideally positioned to further
expand its product and footprint, cementing its position as one of the most
successful global tech companies to come out of Europe".
Christian Henschel, Co-founder and CEO of Adjust, added: "This latest round of
funding will be instrumental as we continue to unify brands' marketing efforts,
making marketing simpler, smarter and more secure. The investments we make in
our product will further empower our clients to move the needle in their
markets, as we become mobile's definitive growth engine. Alongside our existing
investor Highland Europe, we're pleased to welcome Eurazeo Growth, Morgan
Stanley Alternative Investment Partners and Sofina on board who share our goal
and will play a fundamental part in accelerating our growth strategy".
Created by combining the Idinvest Growth and Eurazeo Croissance teams, Eurazeo
Growth finances and accompanies the development of international companies,
which leverage disruptive technology to establish a benchmark position in
high-growth markets. Eurazeo Growth has substantial investment capacity, solid
international positions and an extremely dense digital ecosystem.
o Eurazeo is a leading global investment company, with a diversified portfolio
of EUR17 billion in assets under management, including nearly EUR11 billion
from third parties, invested in over 300 companies. With its considerable
private equity, real estate, private debt and fund of funds expertise, Eurazeo
accompanies companies of all sizes, supporting their development through the
commitment of its 235 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, São Paulo, Buenos Aires, Shanghai,
London, Luxembourg, Frankfurt and Madrid.
o Eurazeo is listed on Euronext Paris.
o ISIN: FR0000121121 - Bloomberg: RF FP - Reuters: EURA.PA
Head of Investor Relations
Tel.: +33 (0)1 44 15 16 76
Head of Communications
Tel.: +33 1 44 15 76 44
Tel.: +33 (0)6 44 12 14 91
For more information, please visit the Group's website: www.eurazeo.com
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