Simpson Thacher represented the lenders in connection with the unitranche financing of Eurazeo’s investment in 3P. The transaction closed on July 2, 2025.
3P is a leading software publisher specialized in procurement and post-procurement as well as asset management solutions for public-sector institutions. Headquartered in Belgium and created in 2001, 3P offers a fully integrated platform with a subscription-driven revenue model designed to automate, secure and optimize tendering, procurement as well as post-procurement processes, while helping clients ensure compliance with the latest European, national and regional legislation and requirements. 3P’s products are used by 2,000+ public clients across Belgium and France and caters for the needs of diversified clients: municipalities, regional authorities, hospitals, universities, police forces, etc.
Eurazeo is a leading global investment group and one of the main players in the European buyout market. The transaction marks the eleventh investment for Eurazeo PME IV, the third outside France, and demonstrates the expertise of the Small-mid buyout strategy in supporting fast-growing European technology and services mid-market champions in their international expansion.
The Simpson Thacher team included Hadrien Servais, Eline Souffriau, Brian Bodensteiner and Kacper Sztejter (Credit).