Ciclad

Ciclad is a Paris-based private equity firm established in 1988, focusing on mid-market investments in France. The firm specializes in supporting the growth of small and medium-sized enterprises (SMEs) through various investment strategies, including buyouts, growth capital, recapitalizations, mergers, and acquisitions. Ciclad primarily targets sectors such as technology, manufacturing, commercial products, commercial services, financial services, IT services, industrials, and cleantech. With a commitment to fostering the development of its portfolio companies, Ciclad plays a significant role in enhancing the competitiveness of the French SME landscape.

Stéphane Billon

Managing Partner

Eléonore Charvet

Junior Associate

Laura Chavanon

Investment Director

Kenza Cohen

Senior Associate

Thomas Deborne

Senior Associate

Muriel Fabre

Partner

Hugues de Gastines

Associate Partner

Valentin Grandel

Junior Associate

Edouard de Kermadec

Investment Director

Théo Laporte

Senior Associate

Axel Pittier

Investment Director

Céline Rabemampianina

Investment Director

Ying Xiao

Associate Partner

27 past transactions

Kyotherm

Venture Round in 2022
Kyotherm SAS is an investment company based in Paris, France, that focuses on financing renewable heating and energy efficiency projects. Established in 2011, it provides project equity to support the development of energy infrastructure and acquires stakes in various renewable energy production initiatives, including geothermal and biomass heating plants, as well as district heating networks. Kyotherm collaborates with a range of stakeholders, including energy service providers, engineering firms, developers, heat consumers, and equipment manufacturers, to facilitate third-party financing for these projects.

Desmarez

Acquisition in 2021
Distributor of radiocommunication systems and attack warning devices intended for municipal police, public authorities and industries. The company supplies a wide range of walkie-talkies, private communications and security equipment, thereby responding to the demand of the customers accurately.

Report One

Acquisition in 2020
Report One is a Paris-based company, founded in 2001, that specializes in reporting and business intelligence software solutions. The company focuses on data management, data analysis, and data visualization, enabling teams to share key indicators and insights effectively. Report One supports clients throughout the implementation of business intelligence projects, ensuring that decision-making tools are tailored to their specific needs. In addition to software solutions, the company offers advisory services, training, and ongoing support to enhance the success of its clients' initiatives. Report One operates within a collaborative ecosystem that includes expert integrators and local partners across France, enhancing its ability to meet diverse business challenges.

FrogPubs

Acquisition in 2019
FrogPubs SAS, established in 1993 and headquartered in Paris, France, operates a network of pubs and microbreweries across the country. The company focuses on providing a diverse dining experience that includes American BBQ, fresh salads, and indulgent desserts. In addition to offering traditionally produced artisanal beers, FrogPubs allows customers to brew their own beer, catering to both casual diners and pub-goers. Through its unique blend of food and beverage offerings, FrogPubs aims to create a distinctive and enjoyable atmosphere for patrons.

Bonsoni

Acquisition in 2019
Bonsoni has been serving a growing customer base since 2010. Providing a large selection of curated items making Bonsoni one of the most trusted Furniture and Homewares retailers. They strive to offer the best service at affordable prices lower than our high street competitors, and have come to be known for our excellent quality of service and authentic exclusive products sourced from as far as South America, India and Far East Asia.

Kyotherm

Venture Round in 2019
Kyotherm SAS is an investment company based in Paris, France, that focuses on financing renewable heating and energy efficiency projects. Established in 2011, it provides project equity to support the development of energy infrastructure and acquires stakes in various renewable energy production initiatives, including geothermal and biomass heating plants, as well as district heating networks. Kyotherm collaborates with a range of stakeholders, including energy service providers, engineering firms, developers, heat consumers, and equipment manufacturers, to facilitate third-party financing for these projects.

VitrineMedia

Venture Round in 2019
VitrineMedia specializes in the manufacturing of LED display units, primarily serving estate agencies worldwide. Established in 2006 and headquartered in Saint-Denis, France, with additional offices in Paris and Nice, the company offers a range of products including LED poster holders, dynamic display units, and accessories. VitrineMedia's displays are recognized for their brightness and energy efficiency, adhering to European and international certification standards. The company has expanded its solutions beyond real estate, serving sectors such as travel, pharmacies, banks, and hospitality. VitrineMedia also provides installation, maintenance, and support services, ensuring customer satisfaction and product longevity. With over a million displays sold globally, the company emphasizes innovation and quality, supported by a dedicated design and manufacturing facility that includes research and development, purchasing, and quality control departments.

Cronite

Venture Round in 2018
Cronite Group specializes in the design, manufacture, and distribution of molded components crafted from special alloys that withstand extreme conditions such as high temperatures and corrosion. The company focuses on serving various industrial sectors, including automotive, energy, iron and steel, waste incineration, and aeronautics. Its product line features refractory steel tools and components made from nickel-chromium steel alloys, which are engineered for high-temperature applications and thermal shocks. This ensures enhanced reliability and efficiency in processes like heat treatment and combustion, making Cronite a key player in the industrial market.

L'Ébénoïd

Acquisition in 2018
L'Ébénoïd SA specializes in the design, manufacture, and marketing of lighting products and electrical accessories for both residential and professional use. Founded in 1922 and headquartered in Lyon, France, the company produces a diverse range of functional luminaires, including portholes, lanterns, bathroom strips, and projectors, catering to various industries such as logistics, health, sports, and parking. As a subsidiary of ABB Ltd, L'Ébénoïd is committed to providing innovative lighting solutions that meet the needs of its customers.

Human Design Group

Venture Round in 2018
Human Design Group offers ergonomics and human factor consulting services. The company serves to sectors, such as aerospace, automobile, nuclear energy, defense, transport, and medical. Human Design Group was formerly known as Bertin Ergonomics. Human Design Group was founded in 1978 and is based in Saint Aubin, France.

E-Swin

Acquisition in 2018
Created in 2008 in Houdan (78), the E-SWIN group specializes in pulsed light for aesthetic and medical use. It has historically a depilation and skin treatment (E-SWIN) offer for individuals and professionals (ophthalmologists, healthcare establishments and beauty institutes) and has developed, since 2014, an ophthalmology offer. to treat dry eye diseases (ESW Vision). This new business now represents 75% of the Group's revenue and presents significant development prospects thanks to the effectiveness of its innovative technology, the so-called IRPL pulsed light technology offering a curative treatment in a few sessions at a time. reasonable cost for the patient.

Tofane Global

Venture Round in 2018
Tofane Global specializes in unified communications solutions designed to support operators and digital platforms globally. The company addresses the extensive international voice, data, and mobile carrier market by providing comprehensive coverage and scalable solutions. Through its innovative approach, Tofane Global assists clients in enhancing their operational performance and adapting to the demands of the digital landscape. By integrating various stakeholders and offering flexible virtual platforms, the company effectively facilitates transformation for its customers in an increasingly connected world.

Seat Ventilation

Acquisition in 2018
Seat Ventilation SAS, founded in 1968 and located in Verniolle, France, specializes in manufacturing anti-corrosion industrial fans tailored for laboratories and various industrial applications. The company's product lineup includes multiple series of fans, such as the SEAT Serie and JET Serie, along with the STORM series, which feature various models designed to meet diverse ventilation needs. In addition to fans, Seat Ventilation also offers controllers and a range of accessories, including stands, pedestals, clips, reducers, dampers, and switches. The company caters to a broad spectrum of clients, from large multinational corporations to small and medium enterprises, providing effective solutions for installers, sellers, laboratory furniture manufacturers, and end-users alike.

CinéChèque

Acquisition in 2017
CinéChèque is the 1st Cinema Check in France. The CinéChèque is accepted live without restriction or supplement of price in nearly 75% of the French cinemas. From local cinema to the biggest Multiplexes, there is always a cinema near your home or its holiday location.

Precimetal

Acquisition in 2017
Precimetal is a precision foundry that focuses on manufacturing complex steel and alloy parts for various industries, including aerospace, defense, and medical instrumentation. The company specializes in lost-wax casting techniques and produces components suitable for small, medium, and large-scale production. Utilizing a range of materials, including stainless steel, copper, nickel, and cobalt alloys, Precimetal provides industrial clients with the necessary parts for their production needs.

Edeis

Venture Round in 2016
Edeis is a company that specializes in engineering, operations, and construction solutions, primarily serving the engineering and infrastructure management sector. It focuses on a range of areas, including buildings and industrial projects, city and transport infrastructure, digital transition, and the management of airports, ports, and parking facilities. Edeis provides technical services aimed at helping clients effectively realize and manage their development and planning operations, ensuring comprehensive support throughout the project lifecycle.

Cadexpert

Acquisition in 2015
Cadexpert, founded in 1998 and based in Limonest, France, specializes in the integration and consulting of SAP enterprise resource planning (ERP) solutions. As an independent SAP group, the company focuses on delivering operational consulting services tailored to the specific needs of various sectors. By offering pre-parameterized solutions through its Cadexpress platform, Cadexpert enables businesses and institutions to implement SAP applications efficiently. This approach helps clients streamline their business management processes while minimizing costs and accelerating project timelines. Since June 2017, Cadexpert has operated as a subsidiary of TVH Consulting SAS.

ALSEI SAS

Venture Round in 2015
ALSEI SAS is a French real estate group.

Groupe Parera

Acquisition in 2015
GROUPE PARERA, through its subsidiaries, offers mapping, computer-aided drafting (CAD), and geographic information systems (GIS) for network managers, and communities and unions. It offers network detection and geo-referencing, cartography, topography, GIS asset management, AMO building MOE, optical fiber 3D, and lidar surveys; distributes network operator; publishes GIS software; offers topography and infrastructure engineering; and surveying , infrastructure management, outsourcing, and international assignments. The company was founded in 1968 and is based in L'Isle-Jourdain, France.

Agritubel

Venture Round in 2014
Agritubel is a manufacturer and seller of agricultural equipment specifically designed for livestock farming, focusing primarily on cattle and horse breeding. Established in 1988 and based in Loudun, France, the company offers a diverse range of products, including cattle locking yokes, self-service feeders, and various types of panels and gates. Its product lineup also includes calf feeding yokes, single foot cubicles, containment products, and accessories for livestock management. Agritubel's innovations aim to enhance the safety and organization of livestock, catering to the needs of farmers through a global network of distributors and dealers.

Yxelia

Acquisition in 2014
Yxelia is a holding company that specializes in providing telecom and IT services to enhance the efficiency and profitability of businesses within the telecommunications sector. With a strong focus on optimizing costs and increasing productivity, Yxelia leverages its extensive experience in connecting landlines, mobile devices, and local area networks (LAN). The company aims to develop sustainable and profitable strategies that facilitate the transition to next-generation technologies, addressing the comprehensive communication needs of digital enterprises.

SLAT

Acquisition in 2014
SLAT SA is a French company that specializes in designing, manufacturing, and selling power supplies and chargers, focusing on ensuring energy continuity across various applications. Established in 1953 and based in Champagne-Au-Mont-D'Or, SLAT offers an extensive range of products, including uninterruptible power supplies (UPS), batteries, battery enclosures, and specialized systems for fire safety, intrusion detection, and medical applications. The company serves diverse sectors such as smart buildings, communications, industrial supervision, and emergency services. With a commitment to energy efficiency, SLAT aims to provide reliable power solutions that are essential for critical operations. The company is recognized as one of the leaders in the European DC power supply market, employing around 70 professionals to support its mission.

BH Technologies

Acquisition in 2013
BH Technologies SAS, founded in 1998 and based in Grenoble, France, specializes in the development and installation of solutions for public lighting and waste management. The company offers products that utilize advanced LED technology to optimize energy consumption in public lighting, including systems for remote management and monitoring. BH Technologies also provides waste management solutions, such as the SYREN remote reading system and REDIN, which identifies users and supports incentive-based pricing models to prevent overfilling and encourage responsible waste disposal. By focusing on sustainable urban lighting and efficient waste collection, BH Technologies aims to assist local authorities in their ecological transition and reduce operational costs.

Bernasconi

Venture Round in 2012
Bernasconi is a construction and civil engineering company.

Inovelec PLS

Acquisition in 2012
Inovelec PLS is a manufacturer of electronic products and components, primarily serving contractors and small to medium-sized enterprises. Established in 2000 and based in Boulazac, France, the company specializes in the design, industrialization, and manufacturing of electronic boards and integrated products. Its capabilities include prototyping, SMD manufacturing, PTH soldering, and a range of testing and finishing processes such as varnishing and wiring. Inovelec offers custom electronic solutions for various sectors, including medical, military, industrial, and automotive markets, allowing clients to benefit from tailored products and reduced operating costs.

Paillard

Acquisition in 2012
Paillard S.A.S. is a manufacturer based in Melun, France, established in 1898, specializing in technical axles for industrial vehicles and road-going trailers. The company produces a variety of axles including steering and front turntable axles, drive and single wheel steering axles, and stub axles equipped with suspension systems. Additionally, Paillard offers unbraked and braked axles, overrun brake devices, and spare parts, catering to sectors such as airports, construction, mining, and leisure. The company also provides rigid power axles for hydraulic motorization of trailers used in agriculture and public works. Through its comprehensive range of products, Paillard serves both standard and custom axle needs in various industrial applications.

ROBODRILL

Venture Round in 2012
Robodrill SA is a manufacturer based in Genas, France, specializing in the design, production, and rental of underground drilling equipment. Established in 1996, the company offers a range of tailored machines, including automated and manual drilling rigs, customized jumbos, and special drilling equipment, all built from standard base components. Robodrill's products cater to various underground projects, providing options with different configurations such as multiple booms and service baskets. The company also provides essential services like tunnel excavation, production drilling, and equipment maintenance, which includes on-site repairs and support. Additionally, Robodrill has a robotics department that develops software for managing drilling patterns and automating processes, enhancing efficiency in the tunneling and mining sectors.
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