21 Invest France has acquired a majority stake in Agorastore, a leader in the online auction of used equipment, positioning the company for accelerated growth and enhanced sustainability.

Target Company Overview

Agorastore, established in 2005, has distinguished itself as a leader in the valuation and sale of used equipment and real estate assets for B2B clients. The company operates a comprehensive online auction platform that facilitates the entire transaction process, from asset evaluation and audience targeting to after-sales services. With its unique expertise, Agorastore has developed a robust base of qualified professional buyers, including both French and European companies.

Central to Agorastore's business model is a commitment to the circular economy, which not only emphasizes sustainability but also aims to quantify and enhance its positive impact on decarbonization through the extension of the lifecycle of resold equipment. In the past three years, Agorastore has experienced remarkable growth, achieving sales volumes exceeding €100 million with an annual growth rate of nearly 30%, accompanied by strong profitability.

Industry Overview in France

The auction and asset resale sector in France is witnessing significant growth, driven by increasing awareness of environmental sustainability and the circular economy. Businesses ar