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EMZ supports Eurodatacar’s management team in its Owner Buy-Out transaction

EMZ supports Eurodatacar’s management team in its Owner Buy-Out transaction

After 13 years and 2 successives LBOs, EMZ renews its support to Eurodatacar for a new phase of development alongside its CEO Jean-Paul Demoustier.

Eurodatacar provides car insurance services for both theft and accidents together with car identity marking. Eurodatacar’s guarantee products offer the owner of a stolen car the difference between the market value of its vehicle and the actual amount reimbursed by the insurer. Eurodatacar is the market leader in France.

EMZ, which invested in the two previous LBOs (2001 et 2004), takes part to the new transaction throught EMZ 7 fund.

In May 2014, EMZ backed the Owner Buy-Out on Eurodatacar led by its CEO, Jean-Paul Demoustier together with top managers of the group. The transaction allowed managers of the group to increase their equity ownership. EMZ arranged and underwrote a bond financing and co-invested in equity.