LBO France

LBO France is a private equity firm established in 1985 and based in Paris, specializing in middle market and small cap buyouts, real estate, and secondary debt investments. The firm primarily targets subsidiaries of major groups and family-owned companies across various sectors, including energy, healthcare, telecommunications, and consumer goods. LBO France focuses on investments in French firms or companies with management in France, typically investing between €2 million and €2 billion in companies with enterprise values ranging from $16 million to $2.5 billion. The firm aims to acquire majority stakes and actively participates in the supervisory boards of its portfolio companies. LBO France utilizes diverse investment strategies, including equity notes and convertible bonds, and seeks to exit its investments within three to seven years. With a strong understanding of the French market, LBO France has built a reputation for driving value creation through its extensive expertise and strategic approach to investment.

Marie-Astrid Auriol

Partner, CFO

Arthur Balland

Investment Manager

Arthur Bernardin

Managing Director

Vincent Briancon

Partner

Charles Béal

Investment Manager

Stéphanie Casciola

Partner

Sophie Chateau

Partner and Head of Investor Relations

Simon Couturier

Investment Director

Robert Daussun

CEO

Giulio Farinelli

Senior Investment Manager

Emmanuel Fiorentino

Investment Director

Jacques Franchi

Partner, Head of Debt and Chief Investment Officer

Eva Hoël

Managing Director

Sandrine Igel

CFO, Real Estate

Sandra Johansson

Director of Investor Relations

Xavier Lefevre

Managing Director, Real Estate

Jean-Marie Leroy

Partner

Laurent Mabileau

Investment Director

Davide Parisse

Director

Ingrid Rayez

Investment Director

Pierluigi Rotundo

Investment Director

Julien Rouillon

Managing Director

Alexandre de Sagazan

Director of Investor Relations

Gilles Taldu

Partner, Head of Operating Team

Frédéric Teboul

CFO, Venture

Pietro Zerauschek

Managing Director

Past deals in France

Hosman

Venture Round in 2023
They publish your property on more than 35 professional sites.

hemea (ex-Travauxlib)

Venture Round in 2023
Home renovation is a dream for many, but often, the process turns out to be a nightmare. Today, the market lacks transparency and trust, which leaves 50% of homeowners dissatisfied with the result and the cost. Although renovations often represent a significant financial cost, homeowners are left in the dark in terms of budgeting, timing and quality. Only in France, the renovation market is worth €40B, but it is hugely fragmented with many small players being unable to negotiate discounts with their providers. Hemea tackles this market through its SaaS enabled platform, which connects homeowners wishing to renovate their homes, with carefully selected architects and qualified local contractors. The company has a winning strategy due to its customer oriented focus, where respect for the budget and the timing, as well as transparency in prices are at the core of the business. On top of this, the company generates immense value for contractors, as the service delivers high demand and seamless administrative tools, streamlining their work.

Diabeloop

Series C in 2022
Diabeloop SAS is a medical device company based in Grenoble, France, specializing in the development of an electronic artificial pancreas designed for individuals with Type 1 diabetes. Established in 2015, the company has created a closed-loop system that integrates a continuous glucose sensor and a smartphone-like terminal to monitor glycemia levels. This system communicates with a connected insulin pump to determine and deliver the optimal amount of insulin, aiming to reduce the risks of hypoglycemia and other complications associated with diabetes. Diabeloop's mission is to provide innovative technological solutions that empower individuals with Type 1 diabetes to manage their condition effectively and enhance their quality of life.

Wandercraft

Series C in 2022
Wandercraft SAS, founded in 2012 and based in Paris, France, specializes in the development of exoskeleton technology aimed at patients with mobility limitations due to spinal cord injuries, neuromuscular diseases, and strokes. The company's flagship product, Atalante, is a self-balancing, hands-free exoskeleton designed for rehabilitation in health centers, allowing users to walk without the need for crutches or additional technical aids. CE-marked in 2019, Atalante is sold to European rehabilitation hospitals to enhance gait re-learning treatments. Additionally, Wandercraft is working on a more compact exoskeleton for personal mobility in everyday life. The company integrates expertise in areas such as robotics, artificial intelligence, and clinical applications, making it a pioneer in creating realistic, autonomous walking devices for individuals with walking impairments.

Stilla Technologies

Debt Financing in 2021
Stilla Technologies is a Paris-based European Biotechnology company that focuses on accelerating the development of next-generation genetic tests by providing a ground-breaking and flexible digital PCR (dPCR) solution: the Naica System. Taking advantage of cutting-edge microfluidic innovations, Stilla aims to make dPCR a lab commodity to all Life Sciences areas: research, therapeutics, and all the “omics”.

Hosman

Venture Round in 2021
They publish your property on more than 35 professional sites.

Meditect

Seed Round in 2021
Across the world, counterfeit drugs market is growing, mainly due to a lack of supply chains' security practices and an increase of online purchases. Based on new European, US and Middle East restrictions imposing a unique identifier on each drug package, Meditect project includes blockchain technology and artificial intelligence to meet the needs, and empowers patients to fight the traffic.

Kayentis

Venture Round in 2020
Kayentis, SAS provides data and real-time information capture and collection solutions. It offers Digital Pen Paper (DPP) solutions for the clinical trial industry. The company also provides Clin'Form that allows data written using a DPP to be recorded in an information system and shared via a Web portal. It serves life sciences, finance, and manufacturing markets. The company was incorporated in 2004 and is headquartered in Gif sur Yvette, France.

Colonies

Series B in 2020
Colonies is a French startup established in 2017, headquartered in Paris. The company specializes in providing co-living housing solutions aimed at urban dwellers, particularly young individuals seeking convenient living arrangements. Colonies designs and manages fully furnished private studios and shared spaces, creating community-oriented homes in major cities. The company currently operates four buildings in the Paris area and two in Berlin, offering its residents a hassle-free alternative to traditional apartment hunting.

Stilla Technologies

Series B in 2020
Stilla Technologies is a Paris-based European Biotechnology company that focuses on accelerating the development of next-generation genetic tests by providing a ground-breaking and flexible digital PCR (dPCR) solution: the Naica System. Taking advantage of cutting-edge microfluidic innovations, Stilla aims to make dPCR a lab commodity to all Life Sciences areas: research, therapeutics, and all the “omics”.

FeetMe

Series A in 2019
FeetMe SAS, based in Paris, France, specializes in developing advanced insoles designed to monitor foot pressure in real time, particularly for diabetic patients. Founded in 2013, the company utilizes embedded pressure sensors in its insoles to create detailed pressure maps, enabling both patients and healthcare providers to detect changes in plantar pressure. This innovative technology addresses the significant global issue of mobility disorders, affecting approximately 100 million individuals. FeetMe's primary product, the FeetMe Monitor, combines connected insoles with mobile software to assess gait parameters and variability in real-life situations through smart algorithms and wireless connectivity. The company's solutions are marketed to pharmaceutical firms for clinical trials, rehabilitation centers for mobility assessments, and directly to patients for home rehabilitation, aiming to enhance therapeutic and rehabilitation evaluations.

Quantificare

Series A in 2019
Quantificare SA is a contract research organization that specializes in conducting pre-clinical and clinical studies across phases I-IV for pharmaceutical and biotechnology companies. The company focuses on various therapeutic areas, including dermatology, cosmetic/aesthetic medicine, ophthalmology, oncology, and wound care. It offers a range of innovative tools and solutions, such as LiteScope, a digital-dermoscopy tool for diagnosis and patient follow-up; LifeViz, a 3D imaging solution for clinical evaluations; DermaPix, specialized photography software for dermatologists; and PixTracer, designed for various medical specialties. Founded in 2001 and headquartered in Sophia Antipolis, France, with an additional office in the United States, Quantificare leverages two decades of experience in medical imaging to develop products and services that enhance clinical practice and patient care.

Ecritel Group

Private Equity Round in 2019
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.

Eurotab

Acquisition in 2019
Eurotab develops and manufactures rotary presses and pre and post-processing equipment.

BioSerenity

Series B in 2019
BioSerenity souhaite aider la communauté scientifique à mieux comprendre l'épilepsie pour mieux la soigner. Une fois anonymisées et privées de tout lien avec le patient, les données recueillies seront mise à disposition des chercheurs de l'Institut du Cerveau et de la Moelle épinière (ICM). C'est un pas décisif pour faire avancer la recherche sur l'épilepsie et améliorer le futur du diagnostic

Infodis

Acquisition in 2019
Groupe Infodis S.A. operates in the information technology sector. The company was founded in 1985 and is based in Villepinte, France.

Moustache Bikes

Acquisition in 2019
Moustache Bikes are a boutique electric bike manufacturer that has been designing and making Bosch-powered ebikes in France.

Passman

Acquisition in 2019
Passman SA is a provider of Internet access services, catering primarily to the health and tourism sectors, among others. Established in 1995 and headquartered in Villeurbanne, France, the company specializes in delivering broadband wireless Internet access to its clients. Through its services, Passman aims to enhance connectivity and support the operational needs of various industries.

Stilla Technologies

Series A in 2018
Stilla Technologies is a Paris-based European Biotechnology company that focuses on accelerating the development of next-generation genetic tests by providing a ground-breaking and flexible digital PCR (dPCR) solution: the Naica System. Taking advantage of cutting-edge microfluidic innovations, Stilla aims to make dPCR a lab commodity to all Life Sciences areas: research, therapeutics, and all the “omics”.

Heroiks

Acquisition in 2018
My Media Group is an independent media buying agency. It offers TV-to-web campaigns and search engine optimisation services. My Media Group currently has more than 500 clients, for whom it manages each year more than EUR1 billion gross media space. As a leader in developing media strategies directly targeting customer acquisition, the company is particularly well established in e-commerce, where it has market share of more than 40 per cent with pure players, including Trivago, Groupon, Just Eat, Showroomprivé, Vistaprint and Meilleurtaux. My Media also orchestrates consultancy and space buying for several benchmark players, such as Système U, Feu Vert, GIFI, Michel et Augustin and Labeyrie.

BIOMODEX

Series A in 2018
BIOMODEX is an innovative medical technology company based in Paris and Boston using 3D printing to create tissue-like anatomical twins from medical images, for patient-specific rehearsal and advanced training. The anatomically accurate twin is designed to provide critical tactile feedback to users which, when paired with our simulated blood flow stations, offers a unique and tailored end to end physician experience.

Crouzet Automation

Acquisition in 2017
Supported by an experienced technical team, Crouzet Automation is a pioneer in the simplification of programming. The brand offers the easiest-to-use and most adaptable alternative automation solution for specialized and demanding needs. Manufactured in compliance with the most stringent quality and environmental standards, their products are specifically suited for integration in a wide range of applications such as waste and water treatment, access control, renewable energies, building equipment, industrial machines and transportation.

Bexley

Acquisition in 2017
Bexley S.A.S. is a French company specializing in the manufacturing and retail of luxury footwear for men, alongside a range of high-quality apparel and accessories, including suits, shirts, pullovers, polo necks, trousers, jackets, and belts. Established in 1985 and headquartered in Villeurbanne, France, Bexley aims to provide accessible high-end products without compromising on quality. The company operates both online and through physical stores, positioning itself as a luxury shoe specialist that offers affordable products. With a dedicated team of over 70 employees, Bexley emphasizes strong values that contribute to its unique identity in the fashion industry.

BioSerenity

Series A in 2017
BioSerenity souhaite aider la communauté scientifique à mieux comprendre l'épilepsie pour mieux la soigner. Une fois anonymisées et privées de tout lien avec le patient, les données recueillies seront mise à disposition des chercheurs de l'Institut du Cerveau et de la Moelle épinière (ICM). C'est un pas décisif pour faire avancer la recherche sur l'épilepsie et améliorer le futur du diagnostic

PIEX

Acquisition in 2017
PIEX is a distributor of healthcare products based in Les Ulis, France, focusing on the import and export of medicines and personal care items. The company serves French-speaking and English-speaking regions in Sub-Saharan Africa, Madagascar, and overseas communities and territories. PIEX offers a diverse range of essential medicines, hygiene products, medical devices, and baby formulas sourced globally. The company emphasizes the safety, rapid delivery, and traceability of its products throughout the storage and distribution process, ensuring that clients receive their orders efficiently and reliably.

Serapid

Acquisition in 2017
Founded in 1972, Serapid specializes in the safe handling of heavy loads through innovative mechanical solutions. The company is known for its core technology, the Rigid Chain, which combines the characteristics of a chain with the stability of a rigid bar. This unique design allows for safe and reliable telescopic actuation, making it suitable for both horizontal and vertical movement of heavy loads in constrained spaces. Serapid's product offerings include mechanical chains, telescopic jibs, die change systems, seat exchange mechanisms, and vertical linear beams. These solutions cater to various industries such as kinetic architecture, nuclear, medical, government, and entertainment, ensuring high levels of accuracy and repeatability even in harsh environments.

Groupe RG

Acquisition in 2017
RG Safety Group is the French leading specialised distributor of Personal Protective Equipment (PPE). Bringing together old companies created in the 1950s and more recently, under the leadership of a parent company RG SAFETY, the RG Group offers a perfect homogeneity both in terms of organization and diversity Offers and services. Experience, responsiveness and a desire to make progress have placed RG Group among the leaders in the distribution, design and manufacturing of PPE in Europe.

HMY Group

Acquisition in 2017
HMY Group S.A.S. specializes in designing and manufacturing equipment for commercial spaces, including shelving, checkouts, racks, and point-of-purchase solutions. The company also develops technology products such as RFID systems and self-checkout solutions. In addition to its manufacturing capabilities, HMY Group provides a range of services including project development, technical assistance, project management, and after-sales support. Its diverse client base includes hypermarkets, supermarkets, discount stores, convenience stores, and various specialty retailers across sectors such as health and beauty, automotive, and fashion. Founded in 1960 and headquartered in Monéteau, France, HMY Group has established a global presence with factories and locations worldwide. The company was previously known as Hermes Metal S.A.S. before rebranding in 1998.

IKKS

Acquisition in 2015
IKKS is an apparel company based in Saint-Macaire-en-Mauges, France, founded in 1986. The company operates retail stores and an online platform, offering a diverse range of ready-to-wear collections for women, men, and children, as well as accessories, perfumes, and shoes. IKKS focuses on contemporary styles that blend creativity with casual and sophisticated aesthetics, aiming to provide authentic fashion choices for its customers.

FH Orthopedics

Acquisition in 2014
GROUP FH ORTHO is renowned for its innovative products and surgical techniques, which stem from collaborations with leading orthopaedic surgeons in France and throughout the world. Today, Group FH ORTHO offers a full range of orthopaedic implants: hip, knee, shoulder, cruciate ligament repair, forefoot, hindfoot and spine.

Payot

Acquisition in 2014
LABORATOIRES Dr. N.G. PAYOT S.A. is a French company specializing in the manufacture and sale of cosmetics and skin care products. Founded by dermatologist Nadia Payot, the company offers a wide range of products including body care, face care, eye and lip contour treatments, cleansers, scrubs, masks, deodorants, oils, sun care, and men's shaving care products. Payot distributes its offerings through various channels, including retail stores, spas, and online platforms. Established in 1955, the company is headquartered in Neuilly-sur-Seine, France.

Chryso Sas

Acquisition in 2014
CHRYSO is a international producer of additives and admixtures which improve the performance of concrete and cement, and construction systems for the repair and maintenance of buildings. The Group operates across Europe, Africa, the Middle East, Asia and the US; with sales in more than 100 countries worldwide. The Group has 29 manufacturing facilities globally and four R&D centres, employing c. 1,130 people. CHRYSO is strongly focused on innovation and customer support, providing tailor-made solutions for its global cement and concrete manufacturer customer base.

Vaglio

Acquisition in 2014
Vaglio SA owns and operates a Jaumont limestone quarry in France.

Alvest

Acquisition in 2012
Alvest SAS is a manufacturer and distributor of airport ground support equipment, spare parts, and technical products for the aviation industry. Founded in 2006 and based in Paris, France, the company operates nine plants across four countries: France, the USA, Canada, and China. Alvest specializes in providing essential services and products that enhance the effectiveness, safety, and energy efficiency of aviation operations. In addition to ground support equipment, the company also produces adhesive films for aeronautical applications, catering to both aerospace and industrial markets.

Diam International

Acquisition in 2012
DIAM International SAS, based in Les Mureaux, France, specializes in designing and manufacturing merchandising solutions for retail environments. Founded in 1973, the company offers a wide range of products, including shopfitting systems, kiosks, point-of-sale (POS) displays, and interior store design solutions. Its offerings encompass both permanent and temporary display accessories, such as shelves, graphics, and interactive digital solutions, tailored for various retail sectors. DIAM International serves diverse clients including luxury outlets, department stores, supermarkets, pharmacies, and specialty shops in industries such as cosmetics, health and beauty, eyewear, and electronics. With industrial facilities in France and abroad, the company has a strong presence in both domestic and international markets.

Labeyrie Fine Foods

Private Equity Round in 2012
Labeyrie Fine Foods sells products in several segments such as smoked salmon & fish, prawns and shellfish, foie gras, spreadables and blinis.

Eminence

Acquisition in 2011
EMINENCE SAS manufactures and markets underwear for men. The company offers bath, warm underwear, men's underwear, tee-shirts, ready to wear, pajamas, and socks. It also sells online. The company was founded in 1944 and is based in Aimargues, France. EMINENCE SAS operates as a subsidiary of Delta Galil Industries Ltd.

The Kooples

Acquisition in 2011
The Kooples Diffusion SAS operates fashion apparel and accessories stores for men and women. The company offers dresses, shirts, coats and parkas, jackets, trench coats, down jackets, and wedding accessories, as well as hand bags for women. It provides its products through retail stores, as well as through online order. The company was incorporated in 2007 and is based in Paris, France wit store locations internationally. As of May 20, 2019, The Kooples Diffusion SAS operates as a subsidiary of Maus Freres International Services.

CMR Group

Acquisition in 2011
CMR Group designs, manufactures and markets sensors, switchboards, engine monitoring systems and electrical cabinets for the marine, power and oil & gas markets.

DCI

Acquisition in 2011
DCI is an IT services company specializing in the integration of IT infrastructure and telecommunications solutions, primarily for medium-sized businesses.

Exxelia Group

Acquisition in 2010
Exxelia Technologies, SA designs and manufactures passive components and precision subsystems that include ceramic, plastic film, and mica capacitors, filters, positional sensors, slip rings, and precision mechanics. The company also designs and manufactures contact and contactless position sensors and hybrid Systems. Exxelia Technologies, SA was formerly known as Eurofarad EFD SAS. The company was founded in 1965 and is based in Paris, France with manufacturing plants in Marmoutier and Chanteloup-en-Brie, France. Exxelia Technologies, SA operates as a subsidiary of Exxelia Group.

Idéal Résidences SAS

Acquisition in 2010
Idéal Résidences SAS operates retirement homes for the elderly persons.

MOM Group

Acquisition in 2010
MOM Group is the French leader for fruit purees and cream desserts sold in supermarket ambient food shelves. The story of the MOM Group began in 2006, when the companies Materne and Mont Blanc came together. These two specialists in fruit and dairy processing shared an innovative vision and began their adventure together in France and then abroad. Thanks to these century-old brands—pure products of French know-how—their enthusiastic collaborators and incredible growth, the MOM Group aims to become the world leader in the market of healthy snacking.

PARISCityVISION

Acquisition in 2008
PARISCityVISION is the tourist transport leader in Paris and for journeys eparting from Paris.

Converteam

Acquisition in 2008
Converteam is a worldwide specialist in Power Conversion engineering with the clear mission to improve and secure customers' process performance while lowering environmental impact. The Group provides customized solutions built around three core components: motors and generators, drives, automation and process controls. Their customers operate in five main markets: Marine (Merchant & Naval), Industry, Oil & Gas and Offshore, Renewables (Wind, Wave, Tidal & Solar) and traditional Power Generation. Their extensive offering —from design-only to turnkey systems, installation and commissioning— is backed by a full range of Services.

Averys

Acquisition in 2008
Averys is an international company that specializes in the design, manufacture, and installation of industrial storage systems, including racks, warehouse automation solutions, and metal furniture. Founded in 1985 and based in Paris, France, Averys offers a range of products such as racking systems for palletized and small goods, as well as mezzanine structures, shuttle products, mobile bases, and silos. The company operates across Europe and markets its products through a distributor network in regions including the Nordics, the Middle East, Eastern Europe, Australia, and both North and South Africa. Averys was previously known as GPRI Group until it rebranded in 2004.

Maisons du Monde

Acquisition in 2008
Maisons du Monde manufactures and retails home furnishings. The Company sells a range of furniture, tableware, textiles, storage solutions, cutlery, bathroom accessories, decorative products, and outdoor equipment. Maisons du Monde serves customers worldwide

TIAMA S.A.S.

Acquisition in 2007
TIAMA S.A.S. provides hollow glass inspection solutions. It offers inspection systems, such as Tiama HOT MASS, a hot-end article weight management solution; Tiama HOT MOVE, a solution for hot-end advanced article positioning management; and I-Care, a solution for enhanced hot end process efficiency.

MediPole Partenaires

Acquisition in 2007
MédiPôle Partenaires is a group of private clinics whose competence is particularly recognized in the fields of Medicine of Obstetric Surgery (MCO), Continuing Care and Rehabilitation (SSR) and Home Hospitalization (HAD).

Consolis SAS

Acquisition in 2006
Consolis manufactures concrete products for residential and non-residential construction and also for infrastructure projects such as the construction of bridges or sewers.

Poult Group

Acquisition in 2006
Biscuits Poult SAS produces and sells sweet biscuits in Europe. Its products include sandwich biscuits, cookies, chocolate coated biscuits, breakfast biscuits, wafers, puff pastry biscuits, filled biscuits, tartlets, plain biscuits, and banquettes. The company also assists the development of private labels in France. The company was founded in 1883 and is based in Montauban, France.

WFS Global

Acquisition in 2006
WFS Global SAS is a provider of comprehensive cargo and ground handling services for airlines and airports, operating in France and internationally. The company offers a variety of cargo handling services, including logistics, facilities management, security processing, and live animal management, as well as European trucking services across several European countries. Additionally, WFS Global provides ground handling services such as baggage and ramp handling, passenger services, and technical support, including maintenance and installation of jet bridges and ground support equipment. The company also offers concierge services, encompassing visa assistance, ticket arrangements, and luggage storage. Established in 2006 and headquartered in Paris, France, WFS Global has extended its operations to locations in Texas and Hong Kong, serving the diverse needs of the aviation industry globally.

Sonovision Group

Acquisition in 2006
Sonovision Group provides documents and manuals for the engineering industry.

Terreal

Acquisition in 2005
Inspired by the beauty and the natural qualities of terracotta for over 150 years, TERREAL has continued forging ahead, meeting the market challenges to become a key building materials player. Now with a turnover of 400 million euros and over 2,700 employees worldwide, TERREAL is a leading player in innovative building envelope solution design. With its global building envelope solutions, TERREAL works in 4 main areas of activity - roofing, facade, structure, and decoration - on 23 industrial sites located not only in France but also internationally. Central to its corporate mission, TERREAL contributes to improving housing by providing its business customers and end users with not only economic benefits but also benefits in terms of implementing our solutions, while also enhancing both beauty and comfort. Our company supports its customers – project owners, advisors, contractors, distributors, and installers – in designing beautiful projects that are more accessible and functional, and respect human health and the environment. By revealing the beauty of terracotta in every structure, the women and men at TERREAL reveal the commitment and creativity they put into serving our partners and their imagination.

Actaris

Acquisition in 2005
Actaris is a worldwide provider of meters, systems and services active in all utility sectors: electricity, gas, water and heat.Globalization, privatization and deregulation of markets have been changing the environment where utilities, municipalities and industry operate. Reducing losses, operating costs and full compliance with local specifications have become a must, and more complex meters and communication systems an imperative need. Actaris is well aware of this evolution in the utility market place. As an active partner in these changes, Actaris has also been adjusting its structure, organization and working methods to be better aligned and ready to satisfy any new market requirements.

Winoa

Acquisition in 2005
Winoa was founded in 1961 and is headquartered in Le Cheylas, France with 11 manufacturing facilities in Europe, North America, South America, Asia, and Africa. Winoa is the leading global manufacturer of steel abrasives with over 10,000 customers across the transportation, equipment, energy and construction end-markets. Winoa has 1,000 employees located worldwide.

Matéris

Acquisition in 2003
Matéris is a privately held company that is in specialty construction chemicals. The company comprises four businesses: admixtures, calcium aluminates, mortars, and paint pigments.