Houlihan Lokey Advises Eurazeo
Houlihan Lokey is pleased to announce that Eurazeo has agreed to make a majority investment in Mapal Group (Mapal), a portfolio company of PSG Equity, alongside the company’s management team and employees. PSG Equity will retain a minority stake.
Eurazeo is a leading European investment group with €36.1 billion in diversified assets under management*, including €26.2 billion on behalf of institutional and retail clients through its private equity, private debt, real estate, and infrastructure strategies. Eurazeo is listed on Euronext Paris and has 13 offices across Europe, Asia, and the U.S. Eurazeo is making the majority investment in Mapal through its Mid-Large buyout team.
Mapal is a leading Pan-European operational management software provider offering a comprehensive AI-powered SaaS platform for critical back-office processes for the foodservice and hospitality industries. Headquartered in Madrid, Spain, Mapal currently serves more than 2,000 customers across over 40 countries via software solutions purpose-built for quick-service restaurants (QSRs), fast casual restaurants (FSRs), contract caterers, pubs, bars, and hotels. Its 10 modules include WFM, LMS, EX, inventory management, compliance, reputation management, BI & operations, which enable hospitality operators to optimise operations and drive efficiency.
PSG Equity is a growth equity firm that partners with software and technology-enabled services companies. It has backed more than 150 companies and facilitated over 520 add-on acquisitions. Founded in 2014, PSG Equity operates out of offices in Boston, Kansas City, London, Madrid, Paris, and Tel Aviv. PSG Equity originally acquired a majority stake in Mapal in September 2019 and supported an acquisition strategy. PSG Equity will retain a minority stake.
Houlihan Lokey served as the exclusive buyside M&A advisor to Eurazeo on its majority investment in Mapal. This deal represents another example of the firm’s strong capabilities in the hospitality software sector.
Completion of the transaction is subject to customary formalities and relevant regulatory approvals.
*As of 31 December 2024
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