NextStage AM celebrates its 20th anniversary with the development of its multi-strategy platform and its leading position in the democratization of Private Equity
Paris, March 10, 2023 – With a multi-strategy platform of €7,5 billion, held directly and indirectly, NextStage AM achieved a solid year in 2022 in terms of investments and disposals, which enriched its track record (11 releases since 2020: average multiple of 3,06x; average IRR of 29,4%). The management company is accelerating in the democratization of Private Equity, with in particular NextStage Croissance, the best-performing life insurance-eligible solution in its asset class over the year, and renewing its commitment to entrepreneurs and investors in terms of ESG policy with the recruitment of Laetitia Challan-Belval, Chief Impact Officer.
A solid momentum for our investment platform: fundraising, investments and performance
Building on the complementarity of its activities (Private Equity, Tourism real estate and Distribution of online savings products), the NextStage multi-strategy platform formed by NextStage AM, Atream and Linxea saw its outstandings grow by more than €700m for the 2022 financial year. This momentum illustrates the interest of institutional and individual investors for the strategies and services deployed.
2022 was marked by significant investment momentum, with €212m invested in Growth Capital and €527m invested in real estate. The teams made 10 investments out of 300 opportunities received: Placeshaker (a platform specializing in works and renovations for individuals), Eurobio Scientific (a major French player in the field of in vitro diagnostics), Wolf Lingerie (a French lingerie company), Mathematic (French specialist in the creation of visual effects and 3D animation), Adopt Parfums (creator of perfumes), Infolegale (platform as a service for controlling third-party risks), Mondial Piscine (builder and installer of swimming pools), Javelot (the digital expert in the storage of agricultural raw materials), Skipper NDT (creator of predictive maintenance technology for pipelines) and Port Adhoc (operator of marinas in Europe). In the real estate segment, 12 programs were financed, including a significant equity investment in the Pierre & Vacances – Center Parcs Group.
Alongside these investments, 4 disposals were carried out by the NextStage AM teams: Coorpacademy (European leader in MOOCs for businesses), WiiSmile (all-in-one solutions designed to promote employee engagement), Glass Partners Solutions (specialist in innovative glass for buildings) and Reflectiv (European leader in the design and distribution of adhesive films for windows). These exits complete the list of successful disposals by NextStage AM, which since 2020 has posted a multiple and an average IRR of 3,06x and 29,4% respectively.
“We are very proud of our teams, who were able to demonstrate selectivity in supporting 10 new SMEs and ETIs, and pragmatism in carrying out 4 significant disposals. These entrepreneurs are part of the disruptions of tomorrow (smart health, environmental and digital innovation) and have all the cards in hand to become champions on a European and global scale", comments Grégoire Sentilhes, President of NextStage. AM.
As a pioneer, NextStage AM strengthens its position in the democratization of Private Equity
Several initiatives are part of the dynamics of democratization of the Private Equity asset class initiated by NextStage AM in 2002. Among them, NextStage Croissance, 1st Private Equity Account Unit, which ranks 1st in terms of performance over 2022 among the Private Equity solutions eligible for Life Insurance, thanks to the success of the OPE/OPA carried out by NextStage Evergreen on NextStage SCA (NEXTS). NextStage Capital Entrepreneur reemployment solutions have been referenced among a large number of leading banking players. The launch of the solution eligible for reuse on behalf of Amundi managed by NextStage AM was also a success, while Pépites & Territoires achieved its investment objectives with 28 companies invested since its launch in June 2021. program will be marketed to AXA customers very soon.
This offer, which also includes institutional (FPCI) and tax (FCPI) solutions, is among the broadest on the market and allows NextStage AM to address all types of investors by covering the investment needs of its clients from €1 to €000m €. Linxea, pillar of the platform and independent leader in online savings management, is therefore an important lever to address the offer of the two asset managers to an ever-growing base of private investors.
NextStage AM renews its commitment to more sustainable finance in 2022
NextStage AM strengthened its team in 2022 with the arrival of Laëtitia Challan-Belval as Chief Impact Officer. This appointment is an opportunity for NextStage AM to capitalize on the work undertaken since its creation with its holdings in terms of ESG while continuing to meet the new requirements in terms of financial regulations.
“We would like to thank all of our entrepreneurs, our investors and our employees who have enabled us to deliver a large number of transformation projects in 2022. In a context of ever more dynamic democratization of the asset class, we will be ready to offer innovative investment solutions for all types of investors,” concludes Jean-David Haas, CEO of NextStage AM.
About NextStage AM:
An independent management company based in Paris, approved by the AMF, NextStage AM, which has cultivated since the beginning in 2002, an "entrepreneur-investor" philosophy, is one of the pioneers and leaders of innovative and patient development capital in France. NextStage AM has developed, step by step, a multi-strategy Private Equity platform which represents in terms of assets at the end of December 2022, directly and indirectly, €7.5 billion in AUM. NextStage AM invests in a limited number of SMEs and ETIs (88 portfolio companies as of 31/12/2022), French and European, innovative and growing, to which it provides entrepreneurial expertise as an investor and strong operational support (integration environmental innovation, talents, international, external growth). NextStage AM provides long-term support to these SMEs & ETIs. It gives them the means to accelerate their development and their capacity for innovation to become the “Champions” of their markets, both in France and internationally, through organic and/or external growth.
Press contacts:
NextStage AM: Jonathan Boudin – jbo@nextstage.com – 01 44 29 99 04
Shan: Laurence Tovi – laurence.tovi@shan.fr – 06 20 58 29 02 / Lola Gozlan – lola.gozlan@shan.fr – 01 42 86 82 47 / Anne-Laure Daulier – al.daulier@shan.fr– 06 28 59 50 38
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