Five Arrows Managers SAS

Five Arrows Principal Investments dedicated team of investment professionals manages a €585 million fund focused on investing in mid-cap companies in Western Europe. Based in London, Luxembourg and Paris, our investment team combines the skills and experience necessary to deliver superior risk adjusted returns to their investors. These include: - a strong investing track record in private equity - knowledge of a diverse range of industry sectors and investment banking products - access to Rothschild’s intellectual capital, market insights and global network of contacts Investment decisions are made independently by the investment team’s managing directors, through a quick and efficient decision making process.

Ari Benacerraf



Valentin Dolla

Investment Manager


Karl Geisel



Michael Gruppuso

MD and CFO


Javed Khan

Co-Managing Partner


Vivek Kumar



Michael Langer



Adam Lehrhoff



Emmanuel Roth

Co-Managing Partner


Younes Zemmouri


12 past transactions


Acquisition in 2019
Harvest is a provider of time tracking and online invoicing services for freelancers and small businesses. Harvest focuses on providing simple to use web-based software for professional services. Customers range from freelancers to creative services businesses, to team within Fortune 500 organizations and non-profits. Harvest is offered as a web-based software-as-a-service but it is accessible from a variety of platforms and devices including: web browsers, desktop widgets, iPhone, Twitter, and SMS.
Voogd & Voogd Verzekeringen C.V. provides authorized insurance brokerage services for insurers, and brokers and other agents in the Netherlands. It specializes in providing automotive and other related indemnity insurances; streamlining and digitizing insurance processes; reviewing, accepting, and administrating insurance policies; offering claim settlement, and online and offline administrative services; and selling insurance products. The company was founded in 1909 and is based in Middelharnis, the Netherlands with branches in Rotterdam and Roosendaal, the Netherlands.

Causeway Technologies

Private Equity Round in 2021
Causeway Technologies is a provider of software solutions to the construction industry. Causeway plays a key role through the Design, Bid, Trade, Contract, Attendance, Operate and Maintain phases of the built environment.

Sygnature Discovery

Secondary Market in 2021
Sygnature Discovery is an independent provider of integrated drug discovery resource and expertise. It undertakes hit identification, hit-to-lead and lead optimization projects, and complete drug discovery programs. Core capabilities include medicinal chemistry, in vitro bioscience, computational sciences and informatics, DMPK/physical sciences, and project management. Sygnature operates from state of the art facilities in Nottingham and employs over 200 staff, most of whom are PhD scientists.


Private Equity Round in 2013
Datix is a global supplier of patient safety software for healthcare risk management, incident reporting software and adverse event reporting. Datix are helping to improve patient safety healthcare and service user safety, with over 60 million people protected by their software. The software is widely used within both public and private healthcare organisations around the world.

Texthelp Ltd.

Secondary Market in 2020
Texthelp provides literacy software solutions for individuals, K-12 and higher education students, and publishers.


Venture Round in 2019
RL and Datix have joined forces, creating the world’s largest software company focused exclusively on patient safety and quality improvement.

Opus 2 International

Private Equity Round in 2017
Opus 2 provides litigation and court reporting services from locations on three continents. Their international presence combined with their deposition management center in San Francisco, California enables us to support their clients around the world, around the clock.


Series B in 2019
Loanboox's success speaks for itself: Since the Go-live in September 2016, Loanboox dealt with a volume request over 50 billion Euros. More than 2000 cities and communities as well as more than 500 institutional investors and banks are active on Loanboox. Loanboox is about to conquer the German, Austrian, French and Dutch market, too. And next step: Digitalisation of capital market.

White Clarke Group

Private Equity Round in 2016
White Clarke offers automotive and asset finance software and consulting services to its clients. The company's range of solutions consist of front-office, mid-office, back-office, wholesale, and BPAE. It offers consultancy on project and program management, organizational transformation, insourcing, system changes, and TOM. White Clarke was founded in 1992 by Ed White and Dara Clarke and is based in Milton Keyes.


Venture Round in 2013
Socotec is a global provider of services to businesses and local authorities, contributing to the optimisation of their performance by controlling the risks inherent in their activities

Juvare, LLC

Acquisition in 2020
Juvare envisions a future where communities are resilient in the face of danger, joined together in a network of mutual assistance. By delivering Precise, Vigilant, Connected support, Juvare enables every organization in the public, private, and healthcare sectors to focus on securing resiliency every day. When organizations rely on Juvare to stop trouble in its tracks, communities bounce forward, grow stronger, and get smarter, before, during and after disruption.