Eurazeo PME IV, a fund managed by Eurazeo SE (ENXTPA:RF), and Marlin Equity Partners, LLC agreed to acquire an unknown majority stake in Rydoo N.V. from Marlin Equity Partners, LLC on June 19, 2024. Marlin Equity Partners, the current financial sponsor, will reinvest alongside Eurazeo. Funds managed by Eurazeo will become the majority shareholders.

The transaction remains subject to customary closing procedures. Simon Lange and Xavier Renard of Latham & Watkins LLP (Paris) acted as legal advisor to Eurazeo SE (ENXTPA:RF). James West and Kitty Swanson of Mayer Brown LLP acted as legal advisor to Marlin Equity Partners.

Nicolas von Bülow, Antoine Ganancia and Vanessa Sorel of Clipperton Finance SAS acted as financial advisor to Rydoo. Fabien Radisic, Eric Hickel and Bernard Borrely of PwC Société d'Avocats, Accountancy Arm acted as accountant to Eurazeo