Vulcanic
FranceWho owns Vulcanic?
Vulcanic is a French Industrials company, currently owned by Equistone Partners since 2022. It changed hands in 2022, when Qualium Investissement and Indigo Capital sold.
Hand-verified · updated 2026-04-21
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Key facts
- ·Held by Equistone Partners since 2022 (4Y hold).
- ·Average hold across 4 realized cycles: 5 years.
- ·5 distinct PE sponsors across ownership cycles.
Ownership history
5 ownership periods · co-invest detected · 1 lender on file
Cathay Capital sold VULCANIC to Qualium Investissement in 2017 after 6 years.
Abénex sold Vulcanic to Qualium Investissement in 2016 after 3 years.
Indigo Capital sold Vulcanic to Equistone Partners in 2022 after 6 years.
Qualium Investissement sold Vulcanic to Spirax-Sarco Engineering in 2022 after 6 years.
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USQuestions
Who owns Vulcanic?
Vulcanic is currently owned by Equistone Partners, through Equistone Continuation Fund SP I (Sicame), since 2022.
When did Equistone Partners acquire Vulcanic?
Equistone Partners acquired Vulcanic in 2022.
Who did Vulcanic sell to?
Qualium Investissement sold Vulcanic to Spirax-Sarco Engineering in 2022 (Trade Sale). Indigo Capital sold Vulcanic to Equistone Partners in 2022 (Secondary). Cathay Capital sold Vulcanic to Qualium Investissement in 2017 (Secondary).
Who has owned Vulcanic over time?
Vulcanic has been through 6 private-equity ownership periods: MML Capital · via MML Capital Partners Fund IV · 2006–2011 · sold to Abenex · (Secondary); Cathay Capital · via Cathay Capital Small Cap II · 2011–2017 · sold to Qualium Investissement · (Secondary); Abénex · via Abénex IV · 2013–2016 · sold to Qualium Investissement · (Secondary); Qualium Investissement · via Qualium Fund · 2016–2022 · sold to Spirax-Sarco Engineering · (Trade Sale); Indigo Capital · via Indigo Capital I · 2016–2022 · sold to Equistone Partners · (Secondary); Equistone Partners · via Equistone Continuation Fund SP I (Sicame) · since 2022.