ACE Management

ACE Management is a private portfolio investment management company, which has specialised for the past 20 years in private equity investments in tech companies in the aerospace, maritime, defence and security sectors. The company manages 7 funds representing close to €440m of AUM, including Aerofund (I, II & III), Financière de Brienne, Sécurité and Atalaya. Investors in these funds include European industrial groups (Airbus, Safran, Airbus Group, Airbus Helicopters, Thales, Naval Group, CEA, Louis Dreyfus Armateurs and Areva), alongside institutional investors (Bpifrance, FTQ, GICAN, CIMR, Société Générale, Crédit Agricole, CIC, AXA and Crédit Coopératif) and also regional authorities (Occitanie & Nouvelle Aquitaine, Pays de la Loire, Centre-Val de Loire).
GD

Guillaume D. Benhamou

CEO

Quentin Besnard

Executive Director

AB

Augustin Blanchard

Executive Director

YC

Yann Chamary

VP

Franck Crépin

MD

GD

Gilles Daguet

MD

Delphine Dinard

Executive Director

Jocelyne Le Gal

Administrative and Financial Director

XH

Xavier Herrmann

Partner

SH

Stéphanie Hillard

Investment Director

Ov

Olivia ver Hulst

Associate

ML

Marwan Lahoud

Executive Chairman

François Lavaste

Executive Director

ML

Michel Lazure

Vice-président ACE Canada

ML

Michael Lelo

Associate

VM

Vincent Meheut

Deputy Financial Director

CM

Cyril Moulin

Executive Director

NO

Nicolas Ostrowska

Associate

BP

Benoit Perrot

Investment Director

LS

Laurent Sassier

Investment Director

MS

Mathieu Sibra

Investment Director

Philippe Tourbier

Associate

EY

Erwin Yonnet

Partner

53 past transactions

SkyRecon Systems

Series B in 2007
SkyRecon Systems SA design and develops system and data security solutions. Its StormShield Unified Endpoint Protection solution provides data leakage and theft protection, system attack and intrusion prevention, integrated device control, data encryption, application control, system firewall, wireless security, anti-virus/-spyware, and network access control solutions for laptops, desktops, and servers running the Windows operating system. The company was founded in 2003 and is headquartered in Paris, France with additional offices in San Jose, California; and London, the United Kingdom. As of November 12, 2009, SkyRecon Systems SA operates as a subsidiary of Arkoon Network Security.

Stormshield

Series C in 2002
Stormshield, a fully-owned subsidiary of Airbus Defence and Space, offers innovative end-to-end security solutions worldwide to protect networks (Stormshield Network Security), workstations (Stormshield Endpoint Security) and data (Stormshield Data Security). These next-generation trusted solutions, certified at the highest level in Europe (EU RESTRICTED, NATO and ANSSI EAL4+), ensure the protection of strategic information and are deployed through a partner network of distributors, integrators and operators in businesses of all sizes, government institutions and defense organizations worldwide.

EarthCube

Series A in 2020
We develop pioneering technology to empower analysts to take smart actions for a safer world. Our artificial intelligence solutions are based on an automated analysis of geospatial intelligence (GEOINT) workflows. Powering state-of-the-art Machine Learning and Computer Vision, we aggregate information from multi-intelligence sources (Multi-INT), such as imagery (IMINT), electromagnetic (ELINT), or open source (OSINT), to provide our Defence and Intelligence customers with strategic knowledge regarding mission critical areas of interest ensuring a more insightful operating picture.

Tehtris, SARL

Series A in 2020
TEHTRIS is a company founded in 2010, expert in cybersecurity and publisher of the TEHTRIS XDR Platform, deployed in many business lines all around the world. TEHTRIS products protect companies, from multinationals to small businesses and are easy to deploy. TEHTRIS proposes a wide and deep technology portfolio with multiple solutions against cyber threats like spying or sabotage. TEHTRIS consultants master attacker techniques and methods (hackers, strategic intelligence, computer warfare, etc.) and create the necessary resources to counter advanced cyber threats.

Sentryo SAS

Seed Round in 2016
Sentryo SAS develops and provides cybersecurity and situational awareness solutions. Its solutions enable corporations to ensure continuity, resilience and safety of industrial operations by providing continuous visibility over Industrial Control Systems (ICS) and SCADA infrastructures and controlling the risks of cyber attacks. The company’s product ICS CyberVision allows control engineers to gain complete visibility over all equipment connected to their industrial networks and identifies vulnerabilities on those networks and is able to take decisions that can ensure the integrity of the system. The company was founded in 2014 and is based in Villeurbanne, France. As of August 8, 2019, Sentryo SAS operates as a subsidiary of Cisco Systems, Inc.

Tetco Technologies

Series D in 2007
Tetco Technologies SA engages in the development, integration, and distribution of services and solutions for telecom operators and enterprises in France. It offers a multi applications platform that enables to run various services and applications on the same hardware. The company offers next generation voice mail, unified messaging, unified communication, prepaid, live call screening, voice SMS, ringbacktone, short messaging service, and voice response solutions to telecom service providers. It also provides UCS unified communication, which is a product that integrates a unified number for mobile, office phone, and fax; UCS unified messaging that manages messages, such as voice, fax, and email; UCS voice mail; UCS fax server that manages faxes and e-mails; EVA, which is a speech recognition solution that offers an auto-attendant and a voice portal; IVR that access to information and services from a voice interface; and SMS Quest, which is a tool that uses the SMS technology to send and retrieve information inside a company to small enterprises and medium businesses. Tetco Technologies SA was incorporated in 2000 and is based in Courbevoie, France.

Tetco Technologies

Series C in 2007
Tetco Technologies SA engages in the development, integration, and distribution of services and solutions for telecom operators and enterprises in France. It offers a multi applications platform that enables to run various services and applications on the same hardware. The company offers next generation voice mail, unified messaging, unified communication, prepaid, live call screening, voice SMS, ringbacktone, short messaging service, and voice response solutions to telecom service providers. It also provides UCS unified communication, which is a product that integrates a unified number for mobile, office phone, and fax; UCS unified messaging that manages messages, such as voice, fax, and email; UCS voice mail; UCS fax server that manages faxes and e-mails; EVA, which is a speech recognition solution that offers an auto-attendant and a voice portal; IVR that access to information and services from a voice interface; and SMS Quest, which is a tool that uses the SMS technology to send and retrieve information inside a company to small enterprises and medium businesses. Tetco Technologies SA was incorporated in 2000 and is based in Courbevoie, France.

DxO Labs SAS

Series A in 2006
DxO Labs SA engages in the development and sale of digital image processing products and solutions in France. Its photography products include DxO Optics Pro, a digital photography software application for image correction and enhancement; and DxO FilmPack that gives digital images the style of the conventional films, and digitally simulates the colors. The company also develops and licenses intellectual property of optics and silicon architectures in the areas of embedded still and video image processing for camera phones and digital cameras. In addition, DxO Labs SA offers DxO Analyzer, an image quality evaluation solution. Its customers include consumer electronics manufacturers, such as digital camera vendors and camera phone vendors; imaging components suppliers, including camera module manufacturers, sensor vendors, and processor vendors; and photographers, as well as photography journalists and imaging experts. The company offers its products through distributors and resellers. DxO Labs SA was formerly known as DO Labs SA. The company was founded in 2002 and is based in Boulogne, France. DxO Labs has additional offices in the United States, Japan, and Korea.

Fermentalg

Series B in 2011
Fermentalg Société Anonyme develops, produces, and sells active ingredients extracted from microalgae for the food, health, and nutrition sectors in France and internationally. It offers DHA ORIGINS, a plant based DHA oil; PROTEALG, a vegetable protein; BLUE ORIGIN, a natural color substitutes for human health and nutrition; and Carbon sinks to capture CO2 in urban and industrial environments. The company was founded in 2009 and is based in Libourne, France.

3dTrust GmbH

Series A in 2016
3dTrust helps companies integrate 3D printing in their supply chain. With the development of 3D printing current supply chains will be disrupted; goods will no longer be shipped as physical objects anymore but will more and more be exchanged as digital files until being produced locally by subsidiaries, partners or customers equipped with a 3D printer. This transformation creates new opportunities regarding production and supply chain organization as well as intellectual property protection.

EclecticIQ

Series C in 2020
EclecticIQ is a global threat intelligence, hunting and response technology provider. Its clients are some of the most targeted organizations, globally. To build tomorrow’s defenses today, they have to understand the threats against them – and align their efforts and investments to mitigate their risks. EclecticIQ helps governments, large enterprises and service providers manage threat intelligence, create situational awareness and adopt an intelligence-led cybersecurity approach. EclecticIQ extended its focus towards hunting and response with the acquisition of Polylogyx’s endpoint technology in 2020. Founded in 2014, EclecticIQ operates globally with offices across Europe, North America, and via value-add partners. More info: www.eclecticiq.com

Carlipa Systems SA

Series B in 2005
Carlipa Systems offers automated multimedia communication solutions. The company’s products include Kast Engine©, a software engine for real time diffusion and NMG ® that allows automatic control of video and audio flows. These products are used for marketing of point of sale and television of company. Carlipa Systems was founded in 2002 and is based in Saint Nom la Bretèche, France.

EclecticIQ

Series C in 2020
EclecticIQ is a global threat intelligence, hunting and response technology provider. Its clients are some of the most targeted organizations, globally. To build tomorrow’s defenses today, they have to understand the threats against them – and align their efforts and investments to mitigate their risks. EclecticIQ helps governments, large enterprises and service providers manage threat intelligence, create situational awareness and adopt an intelligence-led cybersecurity approach. EclecticIQ extended its focus towards hunting and response with the acquisition of Polylogyx’s endpoint technology in 2020. Founded in 2014, EclecticIQ operates globally with offices across Europe, North America, and via value-add partners. More info: www.eclecticiq.com

Loiretech

Private Equity Round in 2015
Loiretech has specializes in designing and manufacturing moulds and tooling to produce composite parts mainly for the aircraft industry.

Pherecydes Pharma

Venture Round in 2015
Pherecydes Pharma SA engages in the research and development of lytic bacteriophages for therapeutic and diagnostic applications with a focus on antibiotic resistance. It develops several banks of bacteriophages, including the collection of phages against Escherichia coli. The company was incorporated in 2006 and is based in Romainville, France.

Tetco Technologies

Series B in 2005
Tetco Technologies SA engages in the development, integration, and distribution of services and solutions for telecom operators and enterprises in France. It offers a multi applications platform that enables to run various services and applications on the same hardware. The company offers next generation voice mail, unified messaging, unified communication, prepaid, live call screening, voice SMS, ringbacktone, short messaging service, and voice response solutions to telecom service providers. It also provides UCS unified communication, which is a product that integrates a unified number for mobile, office phone, and fax; UCS unified messaging that manages messages, such as voice, fax, and email; UCS voice mail; UCS fax server that manages faxes and e-mails; EVA, which is a speech recognition solution that offers an auto-attendant and a voice portal; IVR that access to information and services from a voice interface; and SMS Quest, which is a tool that uses the SMS technology to send and retrieve information inside a company to small enterprises and medium businesses. Tetco Technologies SA was incorporated in 2000 and is based in Courbevoie, France.

Carlipa Systems SA

Series C in 2007
Carlipa Systems offers automated multimedia communication solutions. The company’s products include Kast Engine©, a software engine for real time diffusion and NMG ® that allows automatic control of video and audio flows. These products are used for marketing of point of sale and television of company. Carlipa Systems was founded in 2002 and is based in Saint Nom la Bretèche, France.

Satys

Venture Round in 2021
Satys Sealing & Painting offers the aviation and rail industry unique services resulting from its in-house team of painting & sealing experts, professionally trained by the Satys Training Academy. Furthermore, dedicated state-of-the-art painting facilities worldwide enable Satys to provide qualiy services and customer proximity.

6WIND

Venture Round in 2001
6WIND enables the industry’s highest performance in physical and virtual environments. Through its innovative software architecture, 6WINDGate can deliver over 10x performance improvements in data plane processing throughput, compared to standard Linux networking stacks. 6WINDGate provides an extensive set of Layer 2 through Layer 4 networking protocols, enabling best-in-class cost-performance at the system level and minimizing CAPEX for high-end networking equipment. With advanced technology that maximizes the performance of networking features running within a virtualized environment, 6WINDGate delivers industry-leading networking performance on commodity hardware platforms. This optimizes networking resources in virtual environments, enabling significant OPEX reductions compared to solutions based on standard OS networking stacks.

Groupe ARM

Private Equity Round in 2013
Groupe ARM is a spare parts manufacturer.

Kalray

Venture Round in 2017
KALRAY is a fabless semiconductor and software company that develops, markets & sells a new generation of manycore processors for Imaging, Telecommunication infrastructures, Data Security & Network Appliances embedded applications.

Hi-Stor Technologies

Series A in 2006
Hi-Stor Technologies SA provides software solutions for information management. Its products include StorSentry, which monitors media and drives in order to anticipate and optimize the management of installed media; and StorBee, which helps to manage the main information, including information explosion, information complexity, and information sharing. The company builds solution in the areas of data protection and recovery; infrastructure rationalization, including analysis, server consolidation, shared storage infrastructure, storage virtualization, and information lifecycle management; information archiving; and solutions for broadcast industry. In addition, it provides consulting, delivery, and support and training services. The company was founded in 1997 and is headquartered in Colomiers, France with an additional office in Chatou.

SkyRecon Systems

Series A in 2005
SkyRecon Systems SA design and develops system and data security solutions. Its StormShield Unified Endpoint Protection solution provides data leakage and theft protection, system attack and intrusion prevention, integrated device control, data encryption, application control, system firewall, wireless security, anti-virus/-spyware, and network access control solutions for laptops, desktops, and servers running the Windows operating system. The company was founded in 2003 and is headquartered in Paris, France with additional offices in San Jose, California; and London, the United Kingdom. As of November 12, 2009, SkyRecon Systems SA operates as a subsidiary of Arkoon Network Security.

Alyotech

Venture Round in 2007
Alyotech Group is an international industrial holding company which aims to consolidate and unite, by strategy build-up companies specializing in the field of technology consulting. A policy of external growth, representing two thirds of overall growth, has been established within the Group Alyotech. By late 2008, the group should achieve a turnover of 150 million and be listed.

Fermentalg

Series B in 2010
Fermentalg Société Anonyme develops, produces, and sells active ingredients extracted from microalgae for the food, health, and nutrition sectors in France and internationally. It offers DHA ORIGINS, a plant based DHA oil; PROTEALG, a vegetable protein; BLUE ORIGIN, a natural color substitutes for human health and nutrition; and Carbon sinks to capture CO2 in urban and industrial environments. The company was founded in 2009 and is based in Libourne, France.

Figeac Aéro

Post in 2021
Figeac Aéro is specialized in the production of structural components in light alloys and hard metals, engine parts, landing gear and sub-assemblies intended for use in the aeronautics industry.

Jscrambler

Series A in 2021
JavaScript and HTML5 protection solution focused on web and mobile applications

UWINLOC SAS

Series A in 2018
UWINLOC has an innovation strategy in order to transform its innovation into success, aligning the efforts to protect Industrial Property. With the support of INPI, UWINLOC strives to protect and valorise its innovations in the best way. Clients will can visualize their items on 3D mapping software to know where their objects are at all times. Expect reduced asset losses, reduced delivery times, more money and time savings, and increased site productivity.

COOLTECH APPLICATIONS SAS

Venture Round in 2005
COOLTECH APPLICATIONS SAS develops and commercializes magnetic refrigeration products for commercial refrigeration equipment manufacturing markets. It also offers custom development solutions, such as magnetocaloric materials and magnetocaloric systems. The company serves refrigeration markets, such as commercial refrigeration, transport, industrial cold, and home appliance markets; and air conditioning markets, including automotive, residential, and commercial markets worldwide. COOLTECH APPLICATIONS SAS was founded in 2003 and is headquartered in Holtzheim, France with additional offices in Paris.

Egerie Software

Series A in 2019
EGERIE solutions are unique and efficient because they have been conceived and designed by cybersecurity experts, motivated by the desire to allow all actors (at least experienced or more expert) to carry out effective cyber security actions and Mastered.

QUARKS LAB

Series A in 2020
QUARKSLAB is a research company that offers solutions to complex security problems. Quarkslab is a high-end cybersecurity company, highly skilled in vulnerability research and design of security solutions for a tailored level of defense. Its portfolio of services includes reverse engineering of complex systems, software assessment, design of security related software, research and development, malware analysis, red team penetration testing, and more.

BIO-UV Group S.A.

Funding Round in 2014
BIO-UV is the French manufacturer of ultraviolet (UV-C) water treatment equipment, designs, manufactures and markets various disinfection systems and concepts for many applications: chlorine-free automatic treatment for pools and spas private and collective, wastewater treatment or not, production of drinking water, treatment of ballast water ships.

Fermentalg

Series C in 2013
Fermentalg Société Anonyme develops, produces, and sells active ingredients extracted from microalgae for the food, health, and nutrition sectors in France and internationally. It offers DHA ORIGINS, a plant based DHA oil; PROTEALG, a vegetable protein; BLUE ORIGIN, a natural color substitutes for human health and nutrition; and Carbon sinks to capture CO2 in urban and industrial environments. The company was founded in 2009 and is based in Libourne, France.

Alyotech

Venture Round in 2008
Alyotech Group is an international industrial holding company which aims to consolidate and unite, by strategy build-up companies specializing in the field of technology consulting. A policy of external growth, representing two thirds of overall growth, has been established within the Group Alyotech. By late 2008, the group should achieve a turnover of 150 million and be listed.

Pherecydes Pharma

Series B in 2018
Pherecydes Pharma SA engages in the research and development of lytic bacteriophages for therapeutic and diagnostic applications with a focus on antibiotic resistance. It develops several banks of bacteriophages, including the collection of phages against Escherichia coli. The company was incorporated in 2006 and is based in Romainville, France.

Sentryo SAS

Series A in 2018
Sentryo SAS develops and provides cybersecurity and situational awareness solutions. Its solutions enable corporations to ensure continuity, resilience and safety of industrial operations by providing continuous visibility over Industrial Control Systems (ICS) and SCADA infrastructures and controlling the risks of cyber attacks. The company’s product ICS CyberVision allows control engineers to gain complete visibility over all equipment connected to their industrial networks and identifies vulnerabilities on those networks and is able to take decisions that can ensure the integrity of the system. The company was founded in 2014 and is based in Villeurbanne, France. As of August 8, 2019, Sentryo SAS operates as a subsidiary of Cisco Systems, Inc.

Spring Technologies SAS

Venture Round in 2014
Spring Technologies SAS develops CNC software solutions for manufacturing companies in the areas of aerospace and defense, automotive/transportation, energy, ship building, process power/petroleum, industrial equipment, and medical devices sectors worldwide. It offers NCSIMUL SOLUTIONS, a unified and software all-in-one platform to manage the complete machining process.

Duqueine Composites SARL

Venture Round in 2013
Duqueine - SAS designs and manufactures composite parts and sub-assemblies. It offers fuselage frames, window frames, aprons, acoustic panels, shims, air inlet bulkheads, business class seats, air ducts, engine nacelle parts, engine c-ducts, and other products for the aerospace industry; and radio telescopes, antennas, radomes, wind tunnel blades, and products for the medical market. The company also offers products for sports and leisure, and automotive markets. Duqueine - SAS was founded in 1982 and is based in Massieux, France. It has additional locations in France, Romania, and Mexico.

Alyotech

Venture Round in 2010
Alyotech Group is an international industrial holding company which aims to consolidate and unite, by strategy build-up companies specializing in the field of technology consulting. A policy of external growth, representing two thirds of overall growth, has been established within the Group Alyotech. By late 2008, the group should achieve a turnover of 150 million and be listed.

Tehtris, SARL

Series A in 2020
TEHTRIS is a company founded in 2010, expert in cybersecurity and publisher of the TEHTRIS XDR Platform, deployed in many business lines all around the world. TEHTRIS products protect companies, from multinationals to small businesses and are easy to deploy. TEHTRIS proposes a wide and deep technology portfolio with multiple solutions against cyber threats like spying or sabotage. TEHTRIS consultants master attacker techniques and methods (hackers, strategic intelligence, computer warfare, etc.) and create the necessary resources to counter advanced cyber threats.

Orchestra Networks

Series A in 2007
Orchestra Networks helps organizations manage their most important data, whatever that may be. We provide a software solution that lets users manage, govern and share any and all data assets, including master data, reference data and meta data, because we know that effective data management often requires more than a point solution. For over fifteen years, Orchestra Networks has focused on providing a multidomain data management solution so flexible that it can manage data needs you may not even have thought of yet.

Hi-Stor Technologies

Series B in 2007
Hi-Stor Technologies SA provides software solutions for information management. Its products include StorSentry, which monitors media and drives in order to anticipate and optimize the management of installed media; and StorBee, which helps to manage the main information, including information explosion, information complexity, and information sharing. The company builds solution in the areas of data protection and recovery; infrastructure rationalization, including analysis, server consolidation, shared storage infrastructure, storage virtualization, and information lifecycle management; information archiving; and solutions for broadcast industry. In addition, it provides consulting, delivery, and support and training services. The company was founded in 1997 and is headquartered in Colomiers, France with an additional office in Chatou.

Aries Alliance

Venture Round in 2016
Aries Alliance specializes in metal shaping machines and presses fabrication and aerospace part production. The company is driven by a mission to develop and deliver in the best conditions full solutions (machines, tools, simulation software, turnkey workshop, part production) in aircraft metal forming and for large scale machining.

Innate Pharma

Series C in 2004
Innate Pharma S.A. is a biopharmaceutical company developing first-in-class immunotherapy drug candidates for cancer and inflammatory diseases. The Company specializes in the development of novel monoclonal antibodies targeting receptors and pathways controlling the activation of innate immunity cells. Its innovative approaches have led to licensing agreements with Novo Nordisk A/S and Bristol-Myers Squibb.

Novaled

Series B in 2005
Novaled AG is a world-class technology provider in organic light-emitting diode (OLED) technologies. With expertise in synthetic and analytical chemistry, it offers complete solutions for the organic electronic markets, commercializing Novaled's Doping technology and materials. Novaled has developed long-term partnerships with major OLED players worldwide. Its strong IP position in OLED technology is based on more than 500 patents granted or pending. In operation since March 2003, Novaled is headquartered in Dresden, Germany with branch offices in Asia.

NEMOPTIC

Series D in 2006
Nemoptic, an epaper display company, designs and manufactures superior-quality bistable liquid crystal displays (LCD) modules highly suitable for consumer and professional mobile devices.

Kaidara Software

Series B in 2003
Provider of advanced service and support solutions for manufacturers of complex products. The company offers customer service software which provides first-time responses to customers' requests via self-service features on a Web site and through assisted interaction channels.

UWINLOC SAS

Venture Round in 2017
UWINLOC has an innovation strategy in order to transform its innovation into success, aligning the efforts to protect Industrial Property. With the support of INPI, UWINLOC strives to protect and valorise its innovations in the best way. Clients will can visualize their items on 3D mapping software to know where their objects are at all times. Expect reduced asset losses, reduced delivery times, more money and time savings, and increased site productivity.

Dust Mobile

Venture Round in 2019
Dust Mobile operates as a mobile operator providing cyber security solutions. The company offers solutions to protect voice, text, and data communications from the attacks intrinsic to cellular mobile network signaling (2G, 3G, 4G Lte and 5G) and SIM cards. Dust Mobile provides mobile networks cyber security, transmission cyber security, global coverage and usage, and information system access protection. The company was founded in 2017 and is headquartered in Brussels, Belgium.

Le Piston Group

Venture Round in 2012
Le Piston Group is a major player in the manufacture of aeronautical mechanical parts and assemblies (79 M€ turnover, 618 employees) We offer an "industrial service" via our independent subsidiaries, close to our customers both geographically and culturally.

Carlipa Systems SA

Series B in 2005
Carlipa Systems offers automated multimedia communication solutions. The company’s products include Kast Engine©, a software engine for real time diffusion and NMG ® that allows automatic control of video and audio flows. These products are used for marketing of point of sale and television of company. Carlipa Systems was founded in 2002 and is based in Saint Nom la Bretèche, France.

TrustInSoft, SA

Series A in 2019
TrustInSoft is a software company that develops solutions that validate mission-critical software and eliminate attack vectors. The company's products reduce cyber risks, lower the cost of designing safety-critical systems, and reduce liabilities. Founded in 2013, the Paris-based company produces the TrustInSoft Analyzer, an advanced static source code analyzer based on the Frama-C platform. The TrustInSoft Analyzer enables software developers and integrators to exhaustively detect the most frequent and dangerous families of threats before deployment. TrustInSoft also offers professional services and expertise to formally audit safety and security-critical existing software components.