3P Partners with Eurazeo for European Expansion
Deal News | May 28, 2025 | Eurazeo
Eurazeo, a private equity firm, is set to invest in 3P, a Belgian-based software provider specializing in public procurement and asset management solutions. This investment is part of Eurazeo's Small-mid buyout strategy and marks the firm’s eleventh investment through its Eurazeo PME IV fund. 3P, which has a robust presence in Belgium and France, is recognized for its innovative subscription-driven platform that simplifies procurement processes for public institutions, thus facilitating compliance with prevailing laws. Eurazeo aims to use its resources to further enhance 3P's market stature, promoting its European expansion by exploiting its expertise in cross-border M&A. The investment also involves reinvestment from 3P's original founders and stakeholders like 3d investors and ING.
Sectors
- Software Development
- Public Sector Procurement
- Private Equity
Geography
- Belgium – 3P is headquartered in Belgium, and it is a primary market for its procurement solutions.
- France – France is a key market for 3P's software solutions and the location of its initial expansion outside Belgium.
- Europe – Eurazeo and 3P aim for further expansion across Europe, indicating a broader geographical focus.
Industry
- Software Development – 3P is a software company that provides specialized procurement and asset management solutions, making it part of the software development industry.
- Public Sector Procurement – The article focuses on 3P's software solutions for public-sector procurement, which is crucial for municipal, regional, and national authorities.
- Private Equity – Eurazeo, a private equity firm, is making an investment in 3P, demonstrating its role and strategies within the private equity sector.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Eurazeo | Investor | Company | A private equity firm investing in 3P to support its European expansion strategy. |
| 3P | Target company | Company | A Belgium-based software provider focusing on public procurement and asset management solutions. |
| 3d investors | Reinvesting Shareholder | Company | One of the historical shareholders of 3P reinvesting alongside Eurazeo. |
| ING | Reinvesting Shareholder | Company | One of the historical shareholders of 3P reinvesting alongside Eurazeo. |