2 0 2 4 • Q 3

Quarterly Portfolio Update

About HPE Growth

Established in 2009, HPE Growth is an established sector specialist pan-European growth equity firm. We are focused on investments in early to mid-stage digital technology companies throughout Europe.

>€600m AUM

Deployed and managed funds since 2010

16 FTEs

Seasoned team that invested through cycles

2 Funds + 3 SPVs

with a strong track record in business digitalization
News Highlights

Key Highlights

We're proud to see our portfolio being recognized by industry leaders for their innovation, diversity and leadership. See the different organizations that have recognized them over this quarter.

1 Fundraising Round

EGYM raises ~$200 million of growth capital

3 Expansions

EGYM further expands into the US, and launches in Australia and Finland

1 Portfolio Exit

WeTransfer is acquired by Bending Spoons

1 Acquisition

EGYM acquires FitReserve to expand into US corporate wellness
Awards & Nominations

Awards, Recognitions and Certifications

We're proud to see our portfolio being recognized by industry leaders for their innovation, diversity and leadership. See the different organizations that have recognized them over this quarter.
Portfolio News

All the portfolio news of this quarter

EGYM full white logoPPRO full white logo Uberall full white logoXempus full white logoTiqets logo full whiteAevi full white logo
ZAVA full white logo
Expansions

EGYM launches in Finland

With its official launch, EGYM has officially launched and started its expansion into Finland through their partnership with Fit Tammisto.
July 11, 2024
Expansions

EGYM Launches in Australia

EGYM has now officially launched in Australia with their new distribution partner, NovoFit.
July 16, 2024
Awards & Certifications

EGYM's CEO is selected as Athletech Power Executive 2024

Philipp Roesch-Schlanderer, EGYM's Founder and CEO, is selected as Athletech Power Executive 2024. Athletech presents the 50 Power Players in 2024 who are transforming the fitness and wellness industry.
August 3, 2024
Awards & Certifications

EGYM is a finalist for the 'Organisation Innovation Award' by UKactive Awards 2024

UKactive recognizes organizations that have inspired and encouraged people to be more active, fostering innovation in the physical activity sector.
August 5, 2024
Milestones

EGYM shares Operational Statistics in 2024

By 3Q24, EGYM operates in over 25 countries worldwide and supports more than 18,000 clubs with its comprehensive range of products and services.
August 9, 2024
M&A

EGYM acquires FItReserve

EGYM acquires FitReserve, a premier all-access studio and gym network in the US. The acquisition will help them accelerate the growth of EGYM Wellpass' corporate wellness platform and expand further into the US market.
September 10, 2024
Fundraising

EGYM raises $200M from world-class investors (Meritech & L Catterton)

EGYM secures ∼$200 million backed by US world-class investors Meritech & L Catterton, becoming a unicorn.
September 25, 2024
Portfolio News

WeTransfer Achieves B Corp Recertification

WeTransfer’s latest B Corp score improved by 26% since 2020, with notable strides in reducing server emissions, enhancing security and giving more than €1 million to underrepresented artists.
July 11, 2024
Portfolio News

WeTransfer introduces new customization features

WeTransfer introduces new file-sharing features into their platform, including landing page personalization, and "Save for Later" which allows access to expired links. Paid subscribers can now showcase and distribute content to their clients in a more accessible way.
July 24, 2024
Portfolio News

Exit: Bending Spoons acquires WeTransfer

Bending Spoons closed the acquisition of WeTransfer, the beloved brand and Dutch-founded digital file-sharing and collaboration platform.
July 31, 2024
Portfolio News

PPRO's CPO is High Impact Mentor

Javier Vallaure de la Paz, PPRO’s CPO, is recognized as High Impact Mentor to FinTech entrepreneurs by being part of Endeavor Spain.
September 13, 2024
Portfolio News

PPRO organizes team marathon in Tegernseelauf

As part of their team building activities, PPRO gathered together team members to take part in the Tegernseelauf half-marathon in Munich.
September 16, 2024
Portfolio News

Uberall launches Apple Business Connect Insights Report

Uberall now offers Apple Business Connect Insights in one comprehensive report, offering clients access to actionable information on how to improve their locations’ visibility on Apple Maps.
July 16, 2024
Portfolio News

Uberall Launches First Generative AI-Optimized Local Pages

Uberall's latest development ensures businesses are better positioned for the future of discoverability and online visibility.
September 13, 2024
Portfolio News

XEMPUS merges its operational business with E-Vorsoge

As part of their German business restructuring, the company is merging its own operational business with the business of the E-Vorsorge platform, which it acquired in May 2023.
September 20, 2024
Portfolio News

Tiqets' CEO on Scaling, AI Strategy & Profitability

Tiqets’ CEO Laurens Leurink discusses Tiqets’ AI integration for business scaling, their global expansion and strategic partnerships they’ve pursued, diving deeper into shifting traveler preferences.
August 19, 2024
Portfolio News

Aevi partners with Qualpay

The strategic integration will enable Qualpay to extend its existing e-commerce focused platform by offering a comprehensive card-present solution to a diverse customer base.
July 2, 2024
Portfolio News

Aevi is 3x Shortlisted for Payment Awards 2024

Aevi has been nominated across 3 categories: 'Best In-store Payments Solution', 'Best Cross-Border Payments Service', and 'Best Cross-Border Payments Infrastructure'.
August 23, 2024
Our Portfolio

No relevant news

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Our portfolio
Our Portfolio

No relevant news

Looks like there are no relevant news available for this quarter.
Want more? Find more about our investment portfolio.
Our portfolio
Portfolio News

In case you missed the news

Every quarter, we deliver an exclusive outlook on the growth trajectories of our portfolio companies. Find our previous editions below or reach out to us personally if you would like to receive the full version in your inbox.

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2 0 2 4 • Q 3