R Capital Management, a European growth equity player sponsored by Rothschild, has sold its stake in EVE (Emulation and Verification Engineering) to Nasdaq-listed Synopsys. 

The sale follows R Capital Management's divestment of Paradigm to Apax in August for $1bn (€771m).

Established in 2002, EVE offers intellectual property and hardware-assisted verification solutions, as well as verification engineering services aimed at accelerating the design of complex integrated circuits in the communications, wireless, networking computer and consumer product markets. 

Since R Capital Management's investment the company has developed its internationalisation activities and now exports more than 90 per cent of its products.