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(CercleFinance.com) – Eurazeo announces its investment, through its Small-mid buyout team, in Rydoo, a Belgian company whose solution allows companies to manage and control their employees’ professional expenses and expenses using intelligent software.
This transaction will be the ninth investment for Eurazeo PME IV and is at the heart of the Small-mid buyout strategy aimed at supporting the international expansion of fast-growing European SMEs in the technology and B2B services sectors.
Rydoo serves more than 3,000 large and medium-sized businesses in 132 countries. It has recorded an average annual growth rate of over 32% over the past few years to reach an annual recurring revenue of over €20 million.
Associated values
| €74.80 | Euronext Paris | -0.80% |
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