Isatis Capital

Isatis Capital SA is a private equity and venture capital firm based in Paris, France, established in 2013. The firm specializes in providing growth capital and buyout investments primarily targeting small and medium-sized enterprises (SMEs) in France, with annual sales ranging from €5 million to €100 million. Isatis Capital focuses on various sectors, including information technology, software, healthcare, nutrition, agri-food, and advanced industries. Typically, the firm invests between €2 million and €10 million in its portfolio companies, often taking a seat on the Board of Directors to actively participate in their development. The firm engages in equity and quasi-equity transactions, aiming to support businesses with high added value across diverse industries.

Laurent Baudino

Partner

Nicolas Bugy

Associate

Lucas Cornette

Investment Director

Brice Couton

Investment Director

Yonathan Elmalem

Partner

Bénédicte Laurioz

Associate

Guillaume Lebrun

Managing Director

Séverin Lefaure

Associate

Nicolas Schwindenhammer

Partner

25 past transactions

Senef

Funding Round in 2023
Senef operates a publishing management software tailored for companies in the personal services, senior residences, cleanliness, and hotel sectors. The company's platform provides a comprehensive suite of website and mobile services designed to address the specific needs of businesses in these industries. By focusing on understanding the core challenges faced by their clients, Senef collaborates closely with them to enhance operational efficiency and improve the daily experiences of their employees.

Upsideo

Venture Round in 2021
Upsideo is a software publishing company for finance professionals.

Sagitta Pharma

Acquisition in 2021
Distributor of healthcare products developed by laboratories intended for pharmacies. The company provides a logistics platform to facilitate exchanges between groups in pharmaceutical distribution, enabling laboratories to improve their omnichannel approach.

B-Hive Engineering

Venture Round in 2020
B-Hive Engineering is an engineering and operational consulting firm based in Mulhouse, France, with additional operations in Lyon, Paris, and Montréal, Canada. Founded in 2017, the company provides a range of technical assistance, support, and project management services across various sectors, including chemistry, petrochemistry, energy, food, pharmaceuticals, and biotechnology. It also caters to the automotive, rail, aeronautics, infrastructure, and civil engineering sectors, covering areas such as urban planning, structural engineering, tunnels, and high-speed rail lines. B-Hive Engineering focuses on delivering tailored solutions to meet the specific needs of its clients in these diverse industries.

Ami Bois

Venture Round in 2018
Ami Bois, founded in 2005 and based in Toulouse, France, specializes in the construction of individual wooden houses. The company operates primarily in the Midi-Pyrénées and Aquitaine regions, offering 15 customizable and eco-friendly house models that emphasize comfort, aesthetics, and cost-effectiveness. Ami Bois's wooden frame houses are recognized for their innovative design, having received a gold medal at the 2014 challenge of innovative houses. This accolade highlights the company's commitment to creating homes that integrate seamlessly into urban environments while adhering to budgetary constraints.

Fœderis

Venture Round in 2017
For an easy implementation of your HRIS solution,they manage for you not only the technical aspects of the project: servers, licenses ... but also the component concerning Computer Security. Their teams of experts realize the implementation operations and are guarantors of the success of your project.

Eulerian

Venture Round in 2017
Founded in 2002 by Guillaume FOUGNIES and Mathieu JONDET, EULERIAN TECHNOLOGIES is an independent company which develops solutions for real-time analysis, automation and optimization of e-marketing operations. With proprietary technical architecture, the firm manages the entire production from building our servers to the user-interface. Since its foundation, the company has been continuously investing, in R&D, in order to propose to its clients ever more efficient solutions that are adapted to their needs and to the ever changing e-commerce market. Driven by this dynamic, it is able to integrate every two month a new feature in its solutions. EULERIAN TECHNOLOGIES puts data collection at the service of e-commerce websites performance. The solutions developed by EULERIAN TECHNOLOGIES are based on an ultra-precise and secured method of information collection related to the online ads, to the website and to the users of e-merchant websites. This information allows the e-merchants to monitor the performance of their marketing actions and to instantaneously optimize them in order to increase their ROI. Thanks to its innovative solutions and its enduring collaboration with major e-commerce websites, EULERIAN TECHNOLOGIES has become an important French player in real-time analysis and optimization of e-marketing operations.

3MA Group

Venture Round in 2017
3MA Group SAS, based in Rouffach, France, specializes in printing and manufacturing services, including cards, sorting, mailing, and desktop publishing. Established in 2006, the company provides a range of marketing consulting services that enhance clients' communication strategies. It focuses on personalized print and digital media, offering expertise in brand positioning, direct marketing, email campaigns, and overall marketing strategies. In addition, 3MA Group manages and updates client management systems, ensuring that all communication channels operate cohesively. The company serves diverse sectors such as retail, banking, insurance, electronics, fashion, charity, and real estate, aiming to improve marketing efficacy for its clients.

EasyVista

Convertible Note in 2016
EasyVista S.A. is a provider of IT service management solutions designed to enhance service delivery for enterprises globally. Founded in 1988 and headquartered in Noisy-le-Grand, France, the company offers a cloud-based platform that includes the EV Service Manager, which facilitates the creation and management of IT services, and EV Self Help, a solution aimed at minimizing service requests. EasyVista focuses on automating and personalizing service delivery, particularly for mobile users, thereby improving the overall service experience. The company serves a diverse range of industries, including higher education, healthcare, manufacturing, and the public sector, assisting over 1,000 enterprises in optimizing their IT operations. Its offerings encompass various features such as remote monitoring, business intelligence, and asset management, which contribute to enhanced employee productivity and customer satisfaction while controlling service delivery costs.

LM2S

Funding Round in 2016
LM2S specializes in software solutions tailored for the logistics industry, focusing primarily on the spare parts sector. The company provides last-mile logistics services aimed at facilitating the management of spare parts required by mobile maintenance technicians to keep complex equipment operational, including ATMs, parking meters, copiers, and elevators. By optimizing the logistics process, LM2S helps clients minimize travel distances for their itinerant staff, thereby enhancing productivity and reducing inventory levels and fixed costs.

SPPP FRANCE

Funding Round in 2016
SPPP provides, in Europe, for companies of all sectors (automobiles), solutions of decoration, industrial painting, on all plastic parts.

Expway

Venture Round in 2016
EXPWAY is the world leader in Mobile Broadcast and Multicast Solutions. The company's fastest growing market is on LTE BROADCAST i.e. eMBMS. Expway provides eMBMS BM-SC SERVERs that allow the operator to create multicast streams, both live TV and push files in any format, and broadcast them at the LTE network. Its eMBMS MIDDLEWARE controls the LTE modem, and receives and decodes the broadcast streams on the device.

Corso

Venture Round in 2016
Corso is a restaurant group based in Paris, France, that operates a chain of Italian restaurants. The company focuses on providing high-quality dining experiences, offering a menu that includes quick sauces, homemade dishes, and organic ingredients sourced through sustainable agricultural practices. Corso emphasizes the importance of freshness and quality in its food, appealing to customers who appreciate authentic Italian cuisine in a welcoming environment.

Silfox

Acquisition in 2016
Silfox provides distributes passive electronic components primarily for thermal applications. Its products are essentially thermal interfaces, heat sinks, and ventilators, as well as connectors and specific HMIs custom designed for customers operating in the aeronautics, automotive, rail, telecommunications, consumer goods, and other industries.

Mediameeting

Venture Round in 2015
Mediameeting SAS is a French company established in 2004, specializing in the operation of business and community radio stations. Based in Toulouse, it creates, produces, and broadcasts radio programs in eight languages, catering to a diverse global audience. The company offers a variety of programming, including dedicated HR news segments focusing on internal job mobility and military personnel mobility, as well as specialized content for medical sales representatives. Mediameeting also provides consultation services to assist clients in the creation and management of their own radio programs, encompassing corporate, mobility, and retail radios. Through its innovative approach, Mediameeting enables organizations to enhance their internal and external communications, reaching listeners on the move and in various business contexts.

Expway

Venture Round in 2015
EXPWAY is the world leader in Mobile Broadcast and Multicast Solutions. The company's fastest growing market is on LTE BROADCAST i.e. eMBMS. Expway provides eMBMS BM-SC SERVERs that allow the operator to create multicast streams, both live TV and push files in any format, and broadcast them at the LTE network. Its eMBMS MIDDLEWARE controls the LTE modem, and receives and decodes the broadcast streams on the device.

Piscines Caron

Acquisition in 2015
Piscines Caron is constructs and builds swimming pools in France.

Aerophile

Venture Round in 2015
Aerophile S.A., founded in 1993 and based in Paris, France, specializes in the design, manufacture, and operation of tethered gas balloons. The company is a global leader in this sector, having sold over 75 balloons across 30 countries and operating eight balloon flights in prominent locations such as Paris, Disneyland Paris, and various sites in the United States, including Walt Disney World and the San Diego Zoo. Aerophile aims to provide affordable aerial experiences to the public, flying approximately 500,000 passengers annually. Its innovations include the Aerophare and Aerobar, which offer unique food and entertainment experiences while flying. Additionally, the company has developed the Balloon Generali, a flying laboratory that monitors air quality, attracting significant public attention. Aerophile’s tethered balloons are noted for their quiet operation and can serve multiple purposes, including advertising and corporate events, while offering breathtaking views from above.

GROUPE SMS

Acquisition in 2015
GROUPE SMS is a provider of physical therapy equipment and sports medicine.

Graitec

Venture Round in 2014
GRAITEC Innovation SAS is a BIM software company that develops advanced computer-aided design and analysis solutions for the construction engineering sector. Founded in 1986 and based in Bièvres, France, GRAITEC offers a range of products, including Advance Design for finite element method structural analysis, Advance BIM Designers for structural design and documentation, and various Autodesk software tools like AutoCAD and Revit. The company's solutions streamline the structural design and construction documentation process, enhancing efficiency through features such as automatic document creation and project tracking. GRAITEC also provides supplementary tools like PowerPack add-ons for Revit and Advance Steel, as well as BIM Connect for intelligent model sharing. In addition to software, GRAITEC offers technical support, professional training, custom software development, and project mentoring services. Operating through 29 offices across 12 countries, GRAITEC serves over 40,000 construction professionals worldwide, focusing on innovation and productivity in the architecture, engineering, and construction industry.

Ecritel Group

Venture Round in 2014
Ecritel Group is one of the French leaders in cloud computing solutions. It provides Internet hosting, outsourcing and content acceleration (CDN) solutions for companies, mainly e-merchants and major brands, under the brands Ecritel, CDN, Tech, Oxyd and Stockho Hosting.

Aerophile

Venture Round in 2014
Aerophile S.A., founded in 1993 and based in Paris, France, specializes in the design, manufacture, and operation of tethered gas balloons. The company is a global leader in this sector, having sold over 75 balloons across 30 countries and operating eight balloon flights in prominent locations such as Paris, Disneyland Paris, and various sites in the United States, including Walt Disney World and the San Diego Zoo. Aerophile aims to provide affordable aerial experiences to the public, flying approximately 500,000 passengers annually. Its innovations include the Aerophare and Aerobar, which offer unique food and entertainment experiences while flying. Additionally, the company has developed the Balloon Generali, a flying laboratory that monitors air quality, attracting significant public attention. Aerophile’s tethered balloons are noted for their quiet operation and can serve multiple purposes, including advertising and corporate events, while offering breathtaking views from above.

ISPA Consulting

Funding Round in 2013
ISPA Consulting facilitate decision-making in innovation, planning resources and the arbitration priority, companies are looking for a project governance & the most efficient portfolios can, driven by agile and efficient structure . Today, the most innovative international groups rely successfully on " Project Office " to direct the efforts of their teams and operationally controlling the levels of their organizations.

Zengularity

Venture Round in 2012
Zengularity SA, founded in 2004 and based in Paris, France, specializes in developing digital applications and platforms aimed at enhancing user experiences. As a subsidiary of faberNovel, the company focuses on creating web applications that prioritize scalability, security, and accessibility across various devices. Zengularity's offerings are designed to help enterprises integrate digital innovation with their existing systems, ensuring that they can adapt to modern demands and leverage the web's extensive capabilities. The firm's commitment to delivering robust solutions positions it as a trusted partner for organizations looking to navigate the complexities of digital transformation.

beqom

Venture Round in 2011
Beqom SA is a company that specializes in employee compensation management and performance software solutions for large organizations across various industries worldwide. Founded in 2008 and based in Fribourg, Switzerland, Beqom provides a comprehensive platform that includes salary management, bonus management, long-term incentives, and sales performance management. The platform integrates with various systems, such as HRIS, ERP, finance, and payroll, enabling organizations to manage compensation effectively. Beqom's solutions are designed to enhance employee satisfaction and performance, making it easier for business managers to align and motivate their workforce. The company serves over 100 large clients globally, including notable names like Microsoft and Vodafone, focusing on optimizing performance, retention, and overall employee happiness.
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