What investment strategy does Albarest Partners focus on?

Albarest Partners focuses on Buyout, Growth strategies in the private equity space.

How many portfolio companies does Albarest Partners have?

Albarest Partners has 11 active portfolio companies and 2 completed exits and 2 funds tracked on GP Intel.

Where is Albarest Partners headquartered?

Albarest Partners is headquartered in LYON, France.

When was Albarest Partners founded?

Albarest Partners was founded in 2019.

What are Albarest Partners's recent exits?

Recent realized exits by Albarest Partners include: IP-LABEL (2026) to ITRS Group; MASA GROUP (2026) to Nicolas Walewski (CDE SA family office).

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Albarest Partners

LYON, France·Founded 2019·

Buyout Growth Equity

·albarest-partners.com

Albarest Partners is an independent Lyon-based private equity firm founded in 2019, specializing in majority buyout investments (LBO) and capital development in French small-cap SMEs, primarily in the southeastern region of France. It manages Albacap 1 (2021, EUR 114M) and Albacap 2, which held a first closing at about EUR 75M in December 2024 against a EUR 115M target and a EUR 130M hard cap and focuses on operational support and human capital enhancement for its portfolio companies.

AUM

–

Funds

vintages 2021–2025

Portfolio

Exits

Albarest Partners is a LYON buyout firm with 11 active companies and 2 exits.

SectorsIndustrials Consumer Software Business Services Financials Energy Healthcare

Key takeaways

·Top sector focus: Industrials (38% of portfolio).
·Fund cadence: ~4Y between vintages · last raise 2025.

Sector breakdown

13 companies

Industrials

5 · 38%

Consumer

3 · 23%

TMT

2 · 15%

Software

2 · 15%

Financials

1 · 8%

Key facts

HQLYON, France

Founded2019

Websitealbarest-partners.com

Recent exits

Albarest Partners sold Ip-label to ITRS Group in 2026 after 5 years.

Albarest Partners sold Masa Group to Nicolas Walewski (CDE SA family office) in 2026 after 4 years.

Coverage notes

2 funds tracked, 13 portfolio companies (11 active · 2 realized). Verified weekly from public filings and deal announcements.

Funds & portfolio

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

2 funds

Fund

Strategy

Vintage

Size

Assets

Exits

Albacap 2

Buyout2025€75M1 assets

Buyout

2025 · 1yr

€75M

–

Unrealized

1 held

Company	Entry
High Connexion TMT · France	2025

Albacap 1

Buyout2021€114M10 assets2 exits

Buyout

2021 · 5yr

€114M

Unrealized

10 held

Company	Entry
Airria TMT · France	2021
ALL IN Group Consumer · France	2023
Aquasphere Industrials · France	2023
Arcado Consumer · France	2022
ÉPHIE Industries Industrials · France	2022
Fidlease Groupe Financials · France	2022
Genius Energies Industrials · France	2023
Golocal Consumer · France	2022
Merard Industrials · France	2023
Optym-ha Industrials · France	2024

Realized

2 exits

Company	Entry	Exit	Type	Buyer	MOIC
Ip-label Software · France	2021	2026	Trade Sale	ITRS Group	–
Masa Group Software · France	2022	2026	Secondary	Nicolas Walewski (CDE SA family office)	–

About Albarest Partners

Albarest Partners is an independent Lyon-based private equity firm with €100 million of assets under management, founded in 2019 and specialising in majority buyout investments (LBO) and capital development in French small-cap SMEs primarily in the southeastern region of France. The firm manages a focused fund vehicle aligned with regional French smallcap mandate.

Investment thesis

Albarest Partners targets French southeastern regional small-cap SMEs, deploying majority buyout and capital development equity with tickets typically ranging from €5 million to €15 million per transaction. Sector focus spans Software and selectively other French small-cap verticals, with the Lyon regional heritage enabling deep banking and management team relationships across Auvergne-Rhône-Alpes and Provence-Alpes-Côte d'Azur regions.

Recent activity

Recent realised exits include IP-LABEL (software, 2026) and MASA GROUP (software, 2026), reflecting selective distribution across the software portfolio. The platform tracks 2 funds, 11 active portfolio companies and 2 realised exits across the multi-vintage southeastern French smallcap programme.

Frequently asked questions

What investment strategy does Albarest Partners focus on?: Albarest Partners focuses on Buyout, Growth strategies in the private equity space.
How many portfolio companies does Albarest Partners have?: Albarest Partners has 11 active portfolio companies and 2 completed exits and 2 funds tracked on GP Intel.
Where is Albarest Partners headquartered?: Albarest Partners is headquartered in LYON, France.
When was Albarest Partners founded?: Albarest Partners was founded in 2019.
What sectors does Albarest Partners invest in?: Albarest Partners invests across Industrials, Consumer, Software, Business Services, Financials, Energy, Healthcare.
What are Albarest Partners's recent exits?: Recent realized exits by Albarest Partners include: IP-LABEL (2026) to ITRS Group; MASA GROUP (2026) to Nicolas Walewski (CDE SA family office).