Africinvest Europe
AfricInvest Europe is a French private equity firm, a subsidiary of the AfricInvest Group, managing the Franco-African Funds (FFA) dedicated to French SMEs and mid-sized companies with development projects in Africa. It focuses on minority investments in profitable, fast-growing companies, leveraging AfricInvest's extensive network and expertise to support growth and market expansion.
Key facts
Recent exits
Coverage notes
3 funds tracked, 24 portfolio companies (21 active · 3 realized). Verified weekly from public filings and deal announcements.
Funds & portfolio
Every fund Africinvest Europe has raised, with its portfolio companies. Hand-checked from public filings.
Fonds Franco-Africain III (FFA3)Growth2025 · 1yr€50M1 active
Fonds Franco-Africain II (FFA2)Growth2020 · 6yr€50M12 active
Unrealized
12 held| Company | Sector | Geo | Entry |
|---|---|---|---|
| Etude Généalogique Guénifey | Business Services | France | 2024 |
| Fondasol | Industrials | France | – |
| Groupe Spengler Holtex | MedTech | France | 2021 |
| GSH Group | Industrials | France | 2024 |
| Hemodia | Healthcare | France | 2022 |
| Jems | TMT | France | 2022 |
| Les Centaures Routiers | Industrials | France | 2018 |
| Pharmatis | Healthcare | France | – |
| Ragni | Industrials | France | 2021 |
| RAYNAL Assurances | Financials | France | 2024 |
| Technamm | Industrials | France | 2024 |
| Tecofi | Industrials | France | 2022 |
Fonds Franco-Africain I (FFA1)Growth2017 · 9yr€77M8 active · 3 realized
Unrealized
8 held| Company | Sector | Geo | Entry |
|---|---|---|---|
| Altereo | Business Services | France | 2018 |
| BAOBAG | Industrials | France | 2019 |
| Clayens NP | Industrials | France | 2019 |
| Heetch | TMT | France | 2019 |
| Le Wagon | Consumer | France | 2019 |
| Marietton | Consumer | France | 2018 |
| Piex | Healthcare | France | 2017 |
| Piriou | Industrials | France | 2019 |
Realized
3 exits| Company | Sector | Geo | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|---|---|
| Afitex | Industrials | France | 2018 | 2023 | Trade Sale | – | |
| Amerigo Group | Consumer | France | 2019 | 2024 | Secondary | – | |
| Mathevon | Industrials | France | 2018 | 2025 | Trade Sale | – |
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About Africinvest Europe
AfricInvest Europe is a French private equity firm subsidiary of the AfricInvest Group, with €150 million of assets under management and managing the Franco-African Funds (FFA) dedicated to French SMEs and mid-sized companies with development projects in Africa. Founded in 2016 and headquartered in Paris, the platform focuses on minority investments in companies with African expansion ambitions.
Investment thesis
AfricInvest Europe targets French SMEs and mid-cap companies pursuing African expansion or development projects, deploying minority equity positions aligned with the Franco-African Funds mandate. Sector focus spans Industrials, Consumer, Healthcare and selectively other French mid-market verticals where African markets represent significant growth potential. The unique Franco-African mandate distinguishes the platform from purely domestic French PE peers.
Recent activity
Recent realised exits include Mathevon (industrials, 2025), Amerigo Group (consumer, 2024) and Afitex (industrials, 2022), reflecting active distribution across the Franco-African portfolio. The platform tracks 3 funds, 19 active portfolio companies and 3 realised exits across the multi-vintage Franco-African programme. Detailed buyer names and multiple data available on Pro at €29/month.
Similar firms
Other private equity firms tracked on GP Intel.
France·€196.0BFrance·€52.8BFrance·€33.0BFrance·€27.0BFrance·€13.2BFrance·€11.6BFrance·€9.0BFrance·€7.0BFrance·€6.7BFrance·€4.3BFrance·€4.0BFrance·€4.0B