Alter Equity

About Alter Equity

Alter Equity is a Paris-based private equity firm with over €270 million of assets under management as of December 2024, founded in 2009 and dedicated to investing in European companies addressing major social and environmental challenges. The firm focuses on companies with revenues above €1 million and strong growth potential, with the impact investing mandate distinguishing Alter Equity from generalist mid-cap peers.

Investment thesis

Alter Equity targets European impact-aligned companies addressing climate, social inclusion, sustainable food, healthcare access and environmental themes. Equity ticket sizes typically range from €3 million to €15 million per transaction across growth equity and selective buyout positions. The impact mandate requires demonstrable social or environmental outcomes alongside commercial financial return discipline, with the platform's multi-vintage track record positioning Alter Equity as one of the longer-tenure European impact investors.

Recent activity

Recent realised exits include Behring (industrials, 2025), Gojob (business services, 2025), Green Creative (energy, 2025) and Enviria (energy, 2024), reflecting active distribution across the impact-aligned portfolio. The platform tracks 3 funds, 19 active portfolio companies and 9 realised exits across the multi-vintage European impact programme.

Frequently asked questions

What investment strategy does Alter Equity focus on?

Alter Equity focuses on Growth, Buyout strategies in the private equity space.

How many portfolio companies does Alter Equity have?

Alter Equity has 17 active portfolio companies and 11 completed exits and 3 funds tracked on GP Intel.

Where is Alter Equity headquartered?

Alter Equity is headquartered in PARIS, France.

What is Alter Equity's assets under management?

Alter Equity manages approximately €270M in assets under management.

When was Alter Equity founded?

Alter Equity was founded in 2009.

What sectors does Alter Equity invest in?

Alter Equity invests across Energy, Consumer, Healthcare, Business Services, Industrials.

What are Alter Equity's recent exits?

Recent realized exits by Alter Equity include: Ilek (2026) to GazelEnergie; Behring (2025) to Deltaqua (TowerBrook); Gojob (2025) to Persol Group; Green Creative (2025) to FrenchFood Capital, Socadif; Wild Code School (2025) to Simplon; Enviria (2024) to BlackRock (Global Renewable Power IV); OpenAirlines (2024) to Eiffel Investment Group, Mirova; Eficia (2023) to Hager Group.