How many portfolio companies does Ambienta have?

Ambienta has 23 active portfolio companies and 21 completed exits and 7 funds tracked on GP Intel.

Where is Ambienta headquartered?

Ambienta is headquartered in Paris, Italy.

What is Ambienta's assets under management?

Ambienta manages approximately €4.0B in assets under management.

What are Ambienta's recent exits?

Recent realized exits by Ambienta include: Cap Vert (2026) to Gimv; Namirial (2025) to Bain Capital; Wateralia (2024) to Ambienta Water Pumps; Next Imaging (2023) to Azimut Libera Impresa; Icq Holding (2023) to Ardian Clean Energy Evergreen Fund; Nactarome Group (2022) to TA Associates; SF-Filter (2022) to Equistone Partners Europe; Calucem (2021) to Cementos Molins.

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Ambienta

Paris, Italy·ambientasgr.com

AUM

€4.0B

Funds

vintages 2007–2026

Portfolio

Exits

Ambienta is a Paris private equity firm with €4.0B AUM, 23 active companies and 21 exits.

Key takeaways

·8 exits in the last 5 years · consistent DPI cadence.
·Average hold across 21 realized deals: 5 years.
·Best return: 10.0x MOIC on Lakesight (2018).
·Top sector focus: Industrials (61% of portfolio).
·Fund cadence: ~3Y between vintages · last raise 2026.

Sector breakdown

44 companies

Industrials

27 · 61%

Construction

6 · 14%

Consumer

3 · 7%

Agriculture

1 · 2%

AgTech

1 · 2%

Business Services

1 · 2%

EdTech

1 · 2%

SaaS

1 · 2%

Geography breakdown

7 geographies

Italy

27 · 61%

Germany

7 · 16%

3 · 7%

France

2 · 5%

Spain

1 · 2%

Netherlands

1 · 2%

Switzerland

1 · 2%

Key facts

HQParis, Italy

Websiteambientasgr.com

Recent exits

Ambienta sold Cap Vert to Gimv in 2026 after 5 years.

Ambienta sold Namirial to Bain Capital in 2025 after 5 years.

Ambienta sold Wateralia to Ambienta Water Pumps in 2024 after 3 years.

Ambienta sold Next Imaging to Azimut Libera Impresa in 2023 after 5 years.

Coverage notes

7 funds tracked, 44 portfolio companies (23 active · 21 realized). Verified weekly from public filings and deal announcements.

Funds & portfolio

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

7 funds

Fund

Strategy

Vintage

Size

Assets

Exits

Ambienta Sustainable Credit Opportunities

Private Debt2026€500M0 assets

Private Debt

2026 · 0yr

€500M

–

No portfolio companies tracked yet.

Ambienta Small Cap

Buyout2025€500M8 assets

Buyout

2025 · 1yr

€500M

–

Unrealized

8 held

Company	Entry
Agronova Agriculture · Italy	2025
GFF Consumer · Italy	2026
IBL Lighting	2025
No Dig Alliance Construction · Italy	2025
Pieco Industrials · Italy	2026
Probelte AgTech · Spain	2025
SAIM Service Industrials	2026
The Bridge Consumer · Italy	2026

Ambienta Water Pumps

Secondaries2024€500M1 assets

Secondaries

2024 · 2yr

€500M

–

Unrealized

1 held

Company	Entry
Wateralia Industrials · Italy	2024

Ambienta IV

Buyout2022€1.6B11 assets2 exits

Buyout

2022 · 4yr

€1.6B

Unrealized

11 held

Company	Entry
Babcock Wanson Industrials · France	2024
Disano Illuminazione Industrials · Italy	2026
Frigoveneta Industrials · Italy	2024
HolwegWeber Industrials · Germany	2022
Inovara Group Industrials · Italy	2021
Laessig Consumer · Germany	2022
Lassig Industrials · Germany	2022
Maccaferri Construction · Italy	2024
Previero Industrials · Italy	2023
Spaggiari Industrials · Italy	2023
The Rent Company EdTech · Netherlands	2023

Realized

2 exits

Company	Entry	Exit	Type	Buyer	MOIC
Cap Vert Business Services · France	2021	2026	Trade Sale	Gimv	–
Wateralia Industrials · Italy	2021	2024	Continuation Vehicle	Ambienta Water Pumps	–

Ambienta III

Buyout2018€635M3 assets3 exits

Buyout

2018 · 8yr

€635M

Unrealized

3 held

Company	Entry
Phoenix Industrials · Italy	2019
Pibiplast Industrials · Italy	2018
Repakt Industrials · Italy	2019

Realized

3 exits

Company	Entry	Exit	Type	Buyer	MOIC
Nactarome Group Industrials · Italy	2018	2022	Secondary	TA Associates	–
Namirial SaaS · Italy	2020	2025	Secondary	Bain Capital	–
Next Imaging Industrials · Germany	2018	2023	Trade Sale	Azimut Libera Impresa	–

Ambienta II

Buyout2014€323M0 assets7 exits

Buyout

2014 · 12yr

€323M

Realized

7 exits

Company	Entry	Exit	Type	Buyer	MOIC
Calucem Construction · Germany	2016	2021	Trade Sale	Cementos Molins	–
Energy Wave Construction · Italy	2017	2019	Trade Sale	GETEC Italia	–
Integrated Professional Cleaning (IPC) Industrials · Italy	2014	2017	Trade Sale	Tennant Company	–
IP Cleaning Industrials · Italy	2014	2017	Trade Sale	Tennant Company	–
Oskar Nolte Industrials · Germany	2015	2018	Trade Sale	Sherwin-Williams	–
Safim Industrials · Italy	2017	2019	Trade Sale	DexKo Global	–
SF-Filter Mobility · Switzerland	2016	2022	Trade Sale	Equistone Partners Europe	–

Ambienta I

Buyout2007€150M0 assets9 exits

Buyout

2007 · 19yr

€150M

Realized

9 exits

Company	Entry	Exit	Type	Buyer	MOIC
Aico Ravelli Industrials · Italy	2010	2018	Trade Sale	OpenGate Capital	–
Ambienta Biomasse Industrials · Italy	2008	2013	Trade Sale	Groupe Archimbaud	–
Envirogen Group Industrials · UK	2011	2015	Trade Sale	Promethean Investments	–
FoundOcean Group Construction · UK	2012	2018	Trade Sale	CAPE Investment Partners	–
Icq Holding Energy · Italy	2008	2023	Trade Sale	Ardian Clean Energy Evergreen Fund	–
Lakesight Industrials · Germany	2012	2018	Trade Sale	TKH Group	10.0x
MBA Polymers Industrials · UK	2011	2017	Trade Sale	Elephant Equity	–
Spig Industrials · Italy	2010	2016	Trade Sale	Babcock & Wilcox	–
Tower Light Construction · Italy	2012	2013	Trade Sale	Generac Holdings	–

About Ambienta

Ambienta SGR is one of Europe's largest investment managers focused exclusively on environmental sustainability with €4 billion of assets under management as of December 2024, headquartered in Milan with offices in Paris, Munich and London. Founded in 2007, Ambienta operates across private equity, public equities and credit strategies, all aligned with the platform's environmental sustainability investment thesis spanning resource efficiency, pollution control and climate transition themes.

Investment thesis

Ambienta targets European mid-market companies whose products or services drive measurable environmental improvements across two core verticals: Resource Efficiency (industrial automation, smart materials, water management) and Pollution Control (waste management, air quality, environmental services). Equity ticket sizes for the private equity strategy typically range from €40 million to €200 million per transaction. The sustainability-exclusive focus provides deep sector expertise in environmental metrics, regulatory compliance and impact measurement across portfolio companies.

Recent activity

Recent realised exits include Namirial (industrials, 2025), Wateralia (industrials, 2024), Next Imaging (industrials, 2023) and SF-Filter (industrials, 2022), reflecting active distribution across the environmental sustainability portfolio. The platform tracks 6 funds, 18 active portfolio companies and 18 realised exits across multiple investment cycles.

Frequently asked questions

How many portfolio companies does Ambienta have?: Ambienta has 23 active portfolio companies and 21 completed exits and 7 funds tracked on GP Intel.
Where is Ambienta headquartered?: Ambienta is headquartered in Paris, Italy.
What is Ambienta's assets under management?: Ambienta manages approximately €4.0B in assets under management.
What are Ambienta's recent exits?: Recent realized exits by Ambienta include: Cap Vert (2026) to Gimv; Namirial (2025) to Bain Capital; Wateralia (2024) to Ambienta Water Pumps; Next Imaging (2023) to Azimut Libera Impresa; Icq Holding (2023) to Ardian Clean Energy Evergreen Fund; Nactarome Group (2022) to TA Associates; SF-Filter (2022) to Equistone Partners Europe; Calucem (2021) to Cementos Molins.