What investment strategy does Adaxtra Capital focus on?

Adaxtra Capital focuses on Growth, Buyout strategies in the private equity space.

How many portfolio companies does Adaxtra Capital have?

Adaxtra Capital has 11 active portfolio companies and 10 completed exits and 2 funds tracked on GP Intel.

Where is Adaxtra Capital headquartered?

Adaxtra Capital is headquartered in PARIS, France.

What is Adaxtra Capital's assets under management?

Adaxtra Capital manages approximately €600M in assets under management.

When was Adaxtra Capital founded?

Adaxtra Capital was founded in 1985.

What sectors does Adaxtra Capital invest in?

Adaxtra Capital invests across Industrials, Business Services.

What are Adaxtra Capital's recent exits?

Recent realized exits by Adaxtra Capital include: Asia Voyages (2026) to Axio Capital / Siparex Intermezzo 3; Biobank (2024) to IK Partners; Elba Ora (2024) to Siparex Midcap 4 and ADAXTRA France PME 2; Groupe SeaBird (2024) to Management (MBO); Presto Engineering (2024) to Dentressangle Capital; Antelec (2023) to Isatis Capital; Avignon Ceramic (2023) to CAPZA Transition; Klac Industrie (2023) to Spice Capital.

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Adaxtra Capital

PARIS, France·Founded 1985·

Growth Equity Buyout

·adaxtra.com

Adaxtra Capital is a French private equity firm specializing in investments in unlisted French SMEs in growth and transition phases. It manages around €460-520 million in assets for over 500 clients and is a subsidiary of BRED Banque Populaire.

AUM

€600M

Funds

vintages 2016–2023

Portfolio

Exits

Adaxtra Capital is a PARIS growth equity firm with €600M AUM, 11 active companies and 10 exits.

SectorsIndustrials Business Services

Key takeaways

·10 exits in the last 5 years · consistent DPI cadence.
·Average hold across 10 realized deals: 4 years.

Sector breakdown

21 companies

Industrials

4 · 19%

Business Services

4 · 19%

Aerospace & Defence

3 · 14%

Hospitality

2 · 10%

Consumer

2 · 10%

Healthcare

1 · 5%

Biotech

1 · 5%

MedTech

1 · 5%

Geography breakdown

2 geographies

France

20 · 95%

Belgium

1 · 5%

Key facts

HQPARIS, France

Founded1985

Websiteadaxtra.com

Recent exits

Adaxtra Capital sold Asia Voyages to Axio Capital / Siparex Intermezzo 3 in 2026 after 5 years.

Adaxtra Capital exited Les Petits Berceaux in 2025 after 1 year.

Adaxtra Capital sold Biobank to IK Partners in 2024 after 5 years.

Adaxtra Capital sold Elba Ora to Siparex Midcap 4 and ADAXTRA France PME 2 in 2024 after 2 years.

Coverage notes

2 funds tracked, 21 portfolio companies (11 active · 10 realized). Verified weekly from public filings and deal announcements.

Funds & portfolio

Every fund Adaxtra Capital has raised, with its portfolio companies. Hand-checked from public filings.

2 funds

Fund

Strategy

Vintage

Size

Assets

Exits

Adaxtra France PME 2

2023€50M2 assets1 exits

–

2023 · 3yr

€50M

Unrealized

2 held

Company	Entry
SELP Industrials · France	2024
Teolia Business Services · France	2022

Realized

1 exit

Company	Entry	Exit	Type	Buyer	MOIC
Les Petits Berceaux Healthcare · France	2024	2025	–	–	–

Adaxtra France PME

Growth2016€50M9 assets9 exits

Growth

2016 · 10yr

€50M

Unrealized

9 held

Company	Entry
Arthur Loyd Business Services · France	2018
Asia Hospitality · France	2018
Castingpar Group Aerospace & Defence · Belgium	2017
Evolutis MedTech · France	2020
Groupe Virgo Aerospace & Defence · France	2019
Pilocap Formation Business Services · France	2022
PL Education Education · France	2021
Satellite Paris Consumer · France	2022
TOP Industrie Industrials · France	2020

Realized

9 exits

Company	Entry	Exit	Type	Buyer	MOIC
Antelec Aerospace & Defence · France	2018	2023	Secondary	Isatis Capital	–
Asia Voyages Hospitality · France	2021	2026	Secondary	Axio Capital / Siparex Intermezzo 3	–
Avignon Ceramic Industrials · France	2019	2023	Secondary	CAPZA Transition	–
Biobank Biotech · France	2019	2024	Secondary	IK Partners	–
Elba Ora Consumer · France	2022	2024	Recapitalization	Siparex Midcap 4 and ADAXTRA France PME 2	–
Groupe Elap Software · France	2019	2022	Secondary	NewAlpha Verto	–
Groupe SeaBird Business Services · France	2017	2024	Secondary	Management (MBO)	–
Klac Industrie Industrials · France	2018	2023	Secondary	Spice Capital	–
Presto Engineering Deep Tech · France	2018	2024	Secondary	Dentressangle Capital	–

About Adaxtra Capital

Adaxtra Capital is a French private equity firm specialising in investments in unlisted French SMEs in growth and transition phases, managing approximately €600 million in assets for over 500 clients. Founded in 1985 and headquartered in Paris, Adaxtra has built a multi-decade track record supporting French SME ecosystem across multiple investment cycles.

Investment thesis

Adaxtra targets French unlisted SMEs in growth and transition phases, deploying growth equity and selective buyout capital with equity tickets typically ranging from €5 million to €30 million per transaction. Sector focus spans Consumer, Healthcare, Business Services and selectively other French SME verticals, with the platform's multi-decade heritage enabling deep relationships across French entrepreneurial ecosystems.

Recent activity

Recent realised exits include Asia (consumer, 2026), Les Petits Berceaux (healthcare, 2025), Biobank (healthcare, 2024) and Groupe SeaBird (business services, 2024), reflecting active distribution across multiple sectors. The platform tracks 2 funds, 11 active portfolio companies and 9 realised exits across the multi-vintage French SME programme.

Frequently asked questions

What investment strategy does Adaxtra Capital focus on?: Adaxtra Capital focuses on Growth, Buyout strategies in the private equity space.
How many portfolio companies does Adaxtra Capital have?: Adaxtra Capital has 11 active portfolio companies and 10 completed exits and 2 funds tracked on GP Intel.
Where is Adaxtra Capital headquartered?: Adaxtra Capital is headquartered in PARIS, France.
What is Adaxtra Capital's assets under management?: Adaxtra Capital manages approximately €600M in assets under management.
When was Adaxtra Capital founded?: Adaxtra Capital was founded in 1985.
What sectors does Adaxtra Capital invest in?: Adaxtra Capital invests across Industrials, Business Services.
What are Adaxtra Capital's recent exits?: Recent realized exits by Adaxtra Capital include: Asia Voyages (2026) to Axio Capital / Siparex Intermezzo 3; Biobank (2024) to IK Partners; Elba Ora (2024) to Siparex Midcap 4 and ADAXTRA France PME 2; Groupe SeaBird (2024) to Management (MBO); Presto Engineering (2024) to Dentressangle Capital; Antelec (2023) to Isatis Capital; Avignon Ceramic (2023) to CAPZA Transition; Klac Industrie (2023) to Spice Capital.