Eurazeo, the Paris-listed buyout house, has made its first US deal.

The firm has teamed up with Goldman Sachs Merchant Banking Division to acquire Dominion Web Solutions in a deal which values the company at $680m (€624.8m).

Dominion is a platform of branded marketplaces for the powersport, RV, commercial truck and equipment industries. It has more than 6,700 dealers providing around four million listings per month, and seven million unique visitors per month.

Eurazeo and Goldman Sachs, which has made the investment through its West Street Capital Partners VII fund, will each take a 50 per cent stake in the company.

Eurazeo set up a New York office in September. The US team comprises six dealmakers and two senior advisers, and is led by the firm’s deputy chief executive Virginie Morgon.