Ardian
Ardian is a global diversified private markets firm headquartered in Paris, France, founded in 1996. It manages or advises approximately $196 billion of assets across Private Equity, Real Assets, and Credit, serving over 1,890 clients worldwide.
AUM
€196.0B
Funds
34
vintages 1997–2025
Portfolio
246
Exits
254
Key facts
Recent exits
NetCo
Industrials2026 · 5yr hold
Acousti Engineering Company of Florida
Industrials2026 · 6yr hold
Nova Reperta
Business Services2026 · 5yr hold
Rivalis
Business Services2026 · 7yr hold
Coverage notes
34 funds tracked, 500 portfolio companies (246 active · 254 realized). Verified weekly from public filings and deal announcements.
Sector breakdown
498 companiesIndustrials
122 · 24%
Business Services
76 · 15%
Consumer
70 · 14%
TMT
61 · 12%
Healthcare
52 · 10%
Energy
48 · 10%
Software
33 · 7%
Financials
10 · 2%
Funds & portfolio
Every fund Ardian has raised, with its portfolio companies. Hand-checked from public filings.
34 funds
Ardian Expansion Fund VI2025 · 1yr€3.2B1 active
Unrealized
1 held| Company | Sector | Geo | Entry |
|---|---|---|---|
| Industrials |  Germany | 2026 |
Munich ElectrificationActive
IndustrialsGermany· Entry 2026
Germany· Entry 2026Ardian Secondaries Fund IXSecondaries2025 · 1yr€30.0B2 active
Ardian Infrastructure Fund VIInfrastructure2025 · 1yr€20.0B12 active
Unrealized
12 held| Company | Sector | Geo | Entry |
|---|---|---|---|
| Industrials |  US | 2025 | |
| Energy |  France | – | |
| Energy |  Netherlands | – | |
| Industrials | US | 2024 | |
| Industrials | Canada | 2024 | |
| Industrials |  UK | 2024 | |
| Energy |  Finland | – | |
| Energy |  Italy | – | |
| TMT | Mexico | – | |
| Energy | France | 2024 | |
| Energy | Peru | – | |
| TMT | France | 2024 |
AFCOActive
IndustrialsUS· Entry 2025
US· Entry 2025AkuoActive
EnergyFrance
FranceAtteroActive
EnergyNetherlands
NetherlandsCampusParcActive
IndustrialsUS· Entry 2024
US· Entry 2024ClermontActive
IndustrialsCanada· Entry 2024
HeathrowActive
IndustrialsUK· Entry 2024
UK· Entry 2024Honkajoki Wind ParkActive
EnergyFinland
FinlandInEnergy Solar ItalyActive
EnergyItaly
ItalyMXT HoldingsActive
TMTMexico
UNITeActive
EnergyFrance· Entry 2024
France· Entry 2024Verlat EnergyActive
EnergyPeru
VerneActive
TMTFrance· Entry 2024
France· Entry 2024Ardian Semiconductor FundBuyout2024 · 2yr€1.0B3 active · 1 realized
Unrealized
3 held| Company | Sector | Geo | Entry |
|---|---|---|---|
| Industrials | France | – | |
| Industrials | France | 2024 | |
| TMT | France | 2026 |
Realized
1 exit| Company | Sector | Geo | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|---|---|
| TMT | France | 2024 | 2024 | Trade Sale | – |
Ardian Growth Fund IIIGrowth2024 · 2yr€530M10 active · 1 realized
Unrealized
10 held| Company | Sector | Geo | Entry |
|---|---|---|---|
| Healthcare | France | 2024 | |
| Business Services | France | – | |
| Consumer |  Spain | 2026 | |
| Industrials | France | – | |
| Consumer | France | 2024 | |
| Education | France | 2023 | |
| Software | Hungary | 2022 | |
| Healthcare | France | 2023 | |
| TMT | France | 2024 | |
| Business Services | France | 2022 |
Aprium PharmacieActive
HealthcareFrance· Entry 2024
France· Entry 2024Argon&CoActive
Business ServicesFrance
FranceIVB Wellness LabActive
ConsumerSpain· Entry 2026
Spain· Entry 2026JPB SystèmeActive
IndustrialsFrance
FranceMy PieActive
ConsumerFrance· Entry 2024
France· Entry 2024Parnasse EducationActive
EducationFrance· Entry 2023
France· Entry 2023TaxuallyActive
SoftwareHungary· Entry 2022
ThéradialActive
HealthcareFrance· Entry 2023
France· Entry 2023TimeOneActive
TMTFrance· Entry 2024
France· Entry 2024UptooActive
Business ServicesFrance· Entry 2022
France· Entry 2022
Ardian Co-Investment Fund VIBuyout2023 · 3yr€3.4B28 active
Unrealized
28 held| Company | Sector | Geo | Entry |
|---|---|---|---|
| TMT | US | 2023 | |
| Healthcare | US | – | |
| Energy | US | 2024 | |
| TMT | US | 2024 | |
| Industrials | US | – | |
| Industrials | US | 2023 | |
| Business Services | US | 2025 | |
| Healthcare | US | 2024 | |
| Business Services | France | 2024 | |
| Business Services | US | 2023 | |
| TMT |  Sweden | – | |
| Business Services | US | – | |
| Healthcare | Australia | 2023 | |
| Business Services | France | 2023 | |
| Financials | US | 2025 | |
| TMT | Germany | 2023 | |
| Healthcare | US | 2024 | |
| TMT | US | 2024 | |
| Business Services | France | 2024 | |
| Consumer | Germany | – | |
| TMT | US | – | |
| Healthcare | France | 2025 | |
| Healthcare | Spain | 2023 | |
| Industrials | US | – | |
| Business Services |  Switzerland | – | |
| Business Services | US | 2020 | |
| TMT | US | – | |
| Consumer | Sweden | 2024 |
AheadActive
TMTUS· Entry 2023
US· Entry 2023AnovoActive
HealthcareUS
USArcwood EnvironmentalActive
EnergyUS· Entry 2024
US· Entry 2024AvettaActive
TMTUS· Entry 2024
US· Entry 2024BarnesActive
IndustrialsUS
USChauvet & SonsActive
IndustrialsUS· Entry 2023
US· Entry 2023CohnReznickActive
Business ServicesUS· Entry 2025
US· Entry 2025CotivitiActive
HealthcareUS· Entry 2024
US· Entry 2024European Digital GroupActive
Business ServicesFrance· Entry 2024
France· Entry 2024Focus FinancialActive
Business ServicesUS· Entry 2023
US· Entry 2023FortnoxActive
TMTSweden
SwedenGCLActive
Business ServicesUS
USHealthcare AustraliaActive
HealthcareAustralia· Entry 2023
Infopro DigitalActive
Business ServicesFrance· Entry 2023
France· Entry 2023ISCActive
FinancialsUS· Entry 2025
US· Entry 2025IU GroupActive
TMTGermany· Entry 2023
Germany· Entry 2023IVX HealthActive
HealthcareUS· Entry 2024
US· Entry 2024JaggaerActive
TMTUS· Entry 2024
US· Entry 2024Mistertemp’ groupActive
Business ServicesFrance· Entry 2024
France· Entry 2024Motel OneActive
ConsumerGermany
GermanyoneZeroActive
TMTUS
USOurvita + HBIActive
HealthcareFrance· Entry 2025
France· Entry 2025PalexActive
HealthcareSpain· Entry 2023
Spain· Entry 2023IndustrialsUS
USSpherea-AvernaActive
Business ServicesSwitzerland
SwitzerlandThriveActive
Business ServicesUS· Entry 2020
US· Entry 2020VIPActive
TMTUS
USVitamin WellActive
ConsumerSweden· Entry 2024
Sweden· Entry 2024Ardian Americas Infrastructure Fund VInfrastructureActive2022 · 4yr€2.1B1 active
Ardian Real Estate European Fund IIReal Estate2021 · 5yr€1.2B11 active
Unrealized
11 held| Company | Sector | Geo | Entry |
|---|---|---|---|
| Industrials | France | 2024 | |
| Industrials | France | – | |
| Industrials | France | 2021 | |
| Industrials | France | 2022 | |
| Industrials | Germany | 2021 | |
| Industrials | Germany | 2022 | |
| Industrials | France | 2020 | |
| Industrials | Spain | 2024 | |
| Industrials | France | – | |
| Industrials | Italy | 2022 | |
| Industrials | Germany | 2021 |
Atout BoxActive
IndustrialsFrance· Entry 2024
France· Entry 2024CostockageActive
IndustrialsFrance
FranceNetCo GroupActive
IndustrialsFrance· Entry 2021
France· Entry 2021Pointe des ArtsActive
IndustrialsFrance· Entry 2022
France· Entry 2022Quartier 21Active
IndustrialsGermany· Entry 2021
Germany· Entry 2021RitterhofActive
IndustrialsGermany· Entry 2022
Germany· Entry 2022TempleActive
IndustrialsFrance· Entry 2020
France· Entry 2020TerraActive
IndustrialsSpain· Entry 2024
Spain· Entry 2024IndustrialsFrance
FranceVespucciActive
IndustrialsItaly· Entry 2022
Italy· Entry 2022WestendcarreeActive
IndustrialsGermany· Entry 2021
Germany· Entry 2021Ardian Expansion Fund VGrowth2020 · 6yr€2.0B25 active · 3 realized
Unrealized
25 held| Company | Sector | Geo | Entry |
|---|---|---|---|
| Business Services | France | 2022 | |
| Industrials | France | 2024 | |
| Business Services | Italy | – | |
| Consumer | France | 2020 | |
| Industrials | Netherlands | 2021 | |
| Industrials | France | 2024 | |
| Healthcare | Switzerland | – | |
| TMT | Spain | 2026 | |
| Financials | France | 2020 | |
| Financials | France | 2024 | |
| Business Services | France | 2021 | |
| Industrials | France | 2020 | |
| Business Services | Germany | – | |
| Energy | France | 2025 | |
| Software | Switzerland | – | |
| Healthcare | France | – | |
| Healthcare | France | 2022 | |
| TMT | France | 2022 | |
| Industrials | Italy | – | |
| TMT | Switzerland | 2020 | |
| Business Services | France | 2020 | |
| TMT | Netherlands | 2024 | |
| Healthcare | Italy | 2024 | |
| Business Services | France | 2024 | |
| Consumer | Germany | 2021 |
AlixioActive
Business ServicesFrance· Entry 2022
France· Entry 2022Alstef GroupActive
IndustrialsFrance· Entry 2024
France· Entry 2024Assist DigitalActive
Business ServicesItaly
ItalyCérélia GroupActive
ConsumerFrance· Entry 2020
France· Entry 2020Deli HomeActive
IndustrialsNetherlands· Entry 2021
Netherlands· Entry 2021DiamActive
IndustrialsFrance· Entry 2024
France· Entry 2024DovidaActive
HealthcareSwitzerland
SwitzerlandFermaxActive
TMTSpain· Entry 2026
Spain· Entry 2026Finaxy GroupActive
FinancialsFrance· Entry 2020
France· Entry 2020Groupe OrionActive
FinancialsFrance· Entry 2024
France· Entry 2024Groupe RGActive
Business ServicesFrance· Entry 2021
France· Entry 2021Impact GroupActive
IndustrialsFrance· Entry 2020
France· Entry 2020LiftketActive
Business ServicesGermany
GermanyMastergridActive
EnergyFrance· Entry 2025
France· Entry 2025Mimacom Flowable GroupActive
SoftwareSwitzerland
SwitzerlandMon VétoActive
HealthcareFrance
FrancePreventisActive
HealthcareFrance· Entry 2022
France· Entry 2022SERMA GroupActive
TMTFrance· Entry 2022
France· Entry 2022SicerActive
IndustrialsItaly
ItalySwissbitActive
TMTSwitzerland· Entry 2020
Switzerland· Entry 2020SyclefActive
Business ServicesFrance· Entry 2020
France· Entry 2020VecosActive
TMTNetherlands· Entry 2024
Netherlands· Entry 2024Vista VisionActive
HealthcareItaly· Entry 2024
Italy· Entry 2024Business ServicesFrance· Entry 2024
France· Entry 2024YT IndustriesActive
ConsumerGermany· Entry 2021
Germany· Entry 2021Realized
3 exits| Company | Sector | Geo | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|---|---|
| Business Services | France | 2021 | 2025 | Secondary | – | ||
| Consumer | France | 2020 | 2024 | Secondary | – | ||
| Industrials | France | 2021 | 2026 | Trade Sale | – |
Ardian Co-Investment Fund VBuyoutRealized2019 · 7yr€2.5B36 active · 4 realized
Unrealized
36 held| Company | Sector | Geo | Entry |
|---|---|---|---|
| Healthcare | US | 2021 | |
| Industrials | US | 2020 | |
| Business Services | US | 2019 | |
| Financials | France | 2021 | |
| Healthcare | France | 2020 | |
| Healthcare | France | 2019 | |
| Industrials | France | 2021 | |
| Pharma | Switzerland | 2019 | |
| Financials | US | 2020 | |
| Healthcare | Germany | 2021 | |
| TMT | US | 2021 | |
| TMT | US | 2020 | |
| Business Services | US | 2019 | |
| Financials |  Luxembourg | 2021 | |
| Business Services | China | 2019 | |
| Industrials | US | 2019 | |
| TMT | France | 2022 | |
| Healthcare | Canada | 2021 | |
| Healthcare | France | 2022 | |
| Industrials | Sweden | 2022 | |
| Healthcare | Spain | 2021 | |
| Consumer | US | 2022 | |
| Business Services | US | 2021 | |
| TMT | France | 2021 | |
| Consumer | France | 2022 | |
| Pharma | Sweden | 2021 | |
| Industrials | Finland | 2022 | |
| Consumer | Germany | 2019 | |
| TMT | Germany | 2019 | |
| TMT | Canada | 2021 | |
| E-commerce | New Zealand | 2019 | |
| Business Services | US | 2021 | |
| Energy |  Norway | 2022 | |
| Business Services | France | 2021 | |
| MedTech |  Denmark | 2022 | |
| TMT | US | 2020 |
HealthcareUS· Entry 2021
US· Entry 2021Brand SafwayActive
IndustrialsUS· Entry 2020
US· Entry 2020Cast & CrewActive
Business ServicesUS· Entry 2019
US· Entry 2019Diot SiaciActive
FinancialsFrance· Entry 2021
France· Entry 2021ElsanActive
HealthcareFrance· Entry 2020
France· Entry 2020Emera GroupActive
HealthcareFrance· Entry 2019
France· Entry 2019Ermewa GroupActive
IndustrialsFrance· Entry 2021
France· Entry 2021GaldermaActive
PharmaSwitzerland· Entry 2019
Switzerland· Entry 2019Galway HoldingsActive
FinancialsUS· Entry 2020
US· Entry 2020GBA GroupActive
HealthcareGermany· Entry 2021
Germany· Entry 2021Imagine LearningActive
TMTUS· Entry 2021
US· Entry 2021InfobloxActive
TMTUS· Entry 2020
US· Entry 2020Insight GlobalActive
Business ServicesUS· Entry 2019
US· Entry 2019Iq-eqActive
FinancialsLuxembourg· Entry 2021
Luxembourg· Entry 2021LeqeeActive
Business ServicesChina· Entry 2019
LindFast Solutions GroupActive
IndustrialsUS· Entry 2019
US· Entry 2019MarlinkActive
TMTFrance· Entry 2022
France· Entry 2022New Look VisionActive
HealthcareCanada· Entry 2021
NorstellaActive
HealthcareFrance· Entry 2022
France· Entry 2022OptiGroup & HygasActive
IndustrialsSweden· Entry 2022
Sweden· Entry 2022PalexActive
HealthcareSpain· Entry 2021
Spain· Entry 2021Power Home RemodelingActive
ConsumerUS· Entry 2022
US· Entry 2022PRGXActive
Business ServicesUS· Entry 2021
US· Entry 2021QuestelActive
TMTFrance· Entry 2021
France· Entry 2021RACActive
ConsumerFrance· Entry 2022
France· Entry 2022RecipharmActive
PharmaSweden· Entry 2021
Sweden· Entry 2021RentaActive
IndustrialsFinland· Entry 2022
Finland· Entry 2022Saal DigitalActive
ConsumerGermany· Entry 2019
Germany· Entry 2019SuseActive
TMTGermany· Entry 2019
Germany· Entry 2019SyntaxActive
TMTCanada· Entry 2021
Trade MeActive
E-commerceNew Zealand· Entry 2019
Trinity ConsultantsActive
Business ServicesUS· Entry 2021
US· Entry 2021VårgrønnActive
EnergyNorway· Entry 2022
Norway· Entry 2022WaterlogicActive
Business ServicesFrance· Entry 2021
France· Entry 2021WS AudiologyActive
MedTechDenmark· Entry 2022
Denmark· Entry 2022ZayoActive
TMTUS· Entry 2020
US· Entry 2020Realized
4 exits| Company | Sector | Geo | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|---|---|
| Consumer | Netherlands | 2020 | 2024 | Secondary | – | ||
| TMT | France | 2021 | 2025 | Trade Sale | – | ||
| Consumer | Spain | 2019 | 2024 | Secondary | – | ||
| Consumer | France | 2018 | 2021 | Secondary | – |
Ardian North America Fund IIBuyout2019 · 7yr€350M5 active · 2 realized
Unrealized
5 held| Company | Sector | Geo | Entry |
|---|---|---|---|
| Industrials | Italy | 2019 | |
| Business Services | US | – | |
| Business Services | US | 2021 | |
| Industrials | US | 2017 | |
| Industrials | US | 2017 |
CelliActive
IndustrialsItaly· Entry 2019
Italy· Entry 2019Business ServicesUS
USPRGXActive
Business ServicesUS· Entry 2021
US· Entry 2021Revere Plastics SystemsActive
IndustrialsUS· Entry 2017
US· Entry 2017VeritasActive
IndustrialsUS· Entry 2017
US· Entry 2017Realized
2 exits| Company | Sector | Geo | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|---|---|
| Industrials | US | 2020 | 2026 | Secondary | – | ||
| Industrials | US | 2019 | 2023 | Secondary | – |
Ardian Infrastructure Fund VInfrastructureRealized2019 · 7yr€7.0B17 active · 1 realized
Unrealized
17 held| Company | Sector | Geo | Entry |
|---|---|---|---|
| Energy | UK | 2019 | |
| Telecom | Spain | 2021 | |
| Energy | Sweden | 2019 | |
| Energy | Italy | 2021 | |
| Energy | Germany | 2020 | |
| Energy | France | 2022 | |
| Energy | US | 2019 | |
| Energy | Italy | 2022 | |
| TMT | Italy | 2020 | |
| TMT | Canada | 2020 | |
| TMT | Iceland | 2022 | |
| Energy | Finland | 2021 | |
| Energy | Spain | 2019 | |
| Energy | Peru | 2019 | |
| TMT | US | 2021 | |
| Industrials | Chile | 2020 | |
| TMT | France | 2020 |
4NEWActive
EnergyUK· Entry 2019
UK· Entry 2019AdamoActive
TelecomSpain· Entry 2021
Spain· Entry 2021Andberg VindActive
EnergySweden· Entry 2019
Sweden· Entry 2019Energia & Servizi SrlActive
EnergyItaly· Entry 2021
Italy· Entry 2021EWE AGActive
EnergyGermany· Entry 2020
Germany· Entry 2020GreenYellowActive
EnergyFrance· Entry 2022
France· Entry 2022Hill Top Energy CenterActive
EnergyUS· Entry 2019
US· Entry 2019ICQ HoldingActive
EnergyItaly· Entry 2022
Italy· Entry 2022InwitActive
TMTItaly· Entry 2020
Italy· Entry 2020Maple LeafActive
TMTCanada· Entry 2020
MílaActive
TMTIceland· Entry 2022
NevelActive
EnergyFinland· Entry 2021
Finland· Entry 2021Novasol Invest La IslaActive
EnergySpain· Entry 2019
Spain· Entry 2019Tacna and PanamericanaActive
EnergyPeru· Entry 2019
UnisonActive
TMTUS· Entry 2021
US· Entry 2021IndustrialsChile· Entry 2020
WinticsActive
TMTFrance· Entry 2020
France· Entry 2020Ardian Growth Fund IIGrowthRealized2018 · 8yr€230M14 active · 11 realized
Unrealized
14 held| Company | Sector | Geo | Entry |
|---|---|---|---|
| TMT | France | 2020 | |
| Consumer | France | 2020 | |
| Business Services | France | 2021 | |
| Software | France | 2021 | |
| Software | France | 2021 | |
| Healthcare | France | 2020 | |
| Software | France | 2018 | |
| Business Services | Italy | 2021 | |
| Consumer | Germany | 2021 | |
| LegalTech | Spain | 2021 | |
| Consumer | Spain | 2018 | |
| Business Services | France | 2019 | |
| Software | France | 2021 | |
| Software | Italy | 2021 |
AlsatisActive
TMTFrance· Entry 2020
France· Entry 2020CipanguoActive
ConsumerFrance· Entry 2020
France· Entry 2020Digital ValueActive
Business ServicesFrance· Entry 2021
France· Entry 2021easiwareActive
SoftwareFrance· Entry 2021
France· Entry 2021EléeActive
SoftwareFrance· Entry 2021
France· Entry 2021H2 PharmaActive
HealthcareFrance· Entry 2020
France· Entry 2020IWDActive
SoftwareFrance· Entry 2018
France· Entry 2018JakalaActive
Business ServicesItaly· Entry 2021
Italy· Entry 2021Kapten & SonActive
ConsumerGermany· Entry 2021
Germany· Entry 2021LogaltyActive
LegalTechSpain· Entry 2021
Spain· Entry 2021Panasa/BerlysActive
ConsumerSpain· Entry 2018
Spain· Entry 2018SqorusActive
Business ServicesFrance· Entry 2019
France· Entry 2019Stratégie Media ConseilActive
SoftwareFrance· Entry 2021
France· Entry 2021TranslatedActive
SoftwareItaly· Entry 2021
Italy· Entry 2021Realized
11 exits| Company | Sector | Geo | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|---|---|
| Consumer | France | 2018 | 2020 | Secondary | – | ||
| Software | France | 2019 | 2025 | Trade Sale | – | ||
| Business Services | Italy | 2018 | 2021 | Secondary | – | ||
| Software | France | 2019 | 2024 | – | – | – | |
| Business Services | Spain | 2018 | 2023 | Trade Sale | – | ||
| Business Services |  Belgium | 2021 | 2026 | Secondary | – | ||
| Business Services | France | 2019 | 2023 | Trade Sale | – | ||
| Software | France | 2018 | 2024 | IPO | – | ||
| Consumer | Switzerland | 2020 | 2022 | Secondary | – | ||
| MedTech | France | 2021 | 2025 | Secondary | – | ||
| Business Services | France | 2019 | 2026 | Trade Sale | – |
IvaluaExited 2024
SoftwareFrance· Entry 2019
France· Entry 2019Ardian Buyout Fund VIIBuyout2017 · 9yr€6.5B32 active · 11 realized
Unrealized
32 held| Company | Sector | Geo | Entry |
|---|---|---|---|
| Education | France | 2021 | |
| TMT | US | 2020 | |
| Business Services | Spain | 2022 | |
| Consumer | France | 2017 | |
| Healthcare | France | 2021 | |
| Healthcare | Italy | 2022 | |
| Consumer | Italy | 2019 | |
| Consumer | France | 2020 | |
| HealthTech | Italy | 2020 | |
| Industrials | France | 2018 | |
| Fintech | France | 2015 | |
| Industrials | Italy | 2017 | |
| Healthcare | France | 2019 | |
| Energy |  Ireland | 2026 | |
| Software | France | 2026 | |
| Business Services | France | 2017 | |
| Healthcare | Germany | 2021 | |
| Consumer | France | 2018 | |
| Healthcare | France | 2021 | |
| Healthcare | Belgium | 2018 | |
| Business Services | Italy | 2021 | |
| Healthcare | Italy | 2024 | |
| Healthcare | France | 2020 | |
| Business Services | France | 2022 | |
| Industrials | France | 2019 | |
| Healthcare | France | 2020 | |
| Financials | France | 2018 | |
| Healthcare | Switzerland | 2019 | |
| Consumer | Germany | 2017 | |
| Industrials | France | 2020 | |
| Business Services | UK | 2019 | |
| Consumer | US | 2021 |
AD EducationActive
EducationFrance· Entry 2021
France· Entry 2021AdvancionActive
TMTUS· Entry 2020
US· Entry 2020Aire NetworkActive
Business ServicesSpain· Entry 2022
Spain· Entry 2022Babeau-SeguinActive
ConsumerFrance· Entry 2017
France· Entry 2017Bio IDF SanteActive
HealthcareFrance· Entry 2021
France· Entry 2021Biofarma GroupActive
HealthcareItaly· Entry 2022
Italy· Entry 2022Celli groupActive
ConsumerItaly· Entry 2019
Italy· Entry 2019CéréliaActive
ConsumerFrance· Entry 2020
France· Entry 2020DedalusActive
HealthTechItaly· Entry 2020
Italy· Entry 2020Diam InternationalActive
IndustrialsFrance· Entry 2018
France· Entry 2018Diot-SiaciActive
FintechFrance· Entry 2015
France· Entry 2015Dynamic TechnologiesActive
IndustrialsItaly· Entry 2017
Italy· Entry 2017EmeraActive
HealthcareFrance· Entry 2019
France· Entry 2019Energia GroupActive
EnergyIreland· Entry 2026
Ireland· Entry 2026EnnovActive
SoftwareFrance· Entry 2026
France· Entry 2026ExpleoActive
Business ServicesFrance· Entry 2017
France· Entry 2017GBA GroupActive
HealthcareGermany· Entry 2021
Germany· Entry 2021Indexia GroupActive
ConsumerFrance· Entry 2018
France· Entry 2018Inovie GroupActive
HealthcareFrance· Entry 2021
France· Entry 2021InulaActive
HealthcareBelgium· Entry 2018
Belgium· Entry 2018JakalaActive
Business ServicesItaly· Entry 2021
Italy· Entry 2021Masco GroupActive
HealthcareItaly· Entry 2024
Italy· Entry 2024Meribel PharmaActive
HealthcareFrance· Entry 2020
France· Entry 2020OdealimActive
Business ServicesFrance· Entry 2022
France· Entry 2022RevimaActive
IndustrialsFrance· Entry 2019
France· Entry 2019Santé CieActive
HealthcareFrance· Entry 2020
France· Entry 2020SFAMActive
FinancialsFrance· Entry 2018
France· Entry 2018SinteticaActive
HealthcareSwitzerland· Entry 2019
Switzerland· Entry 2019SLVActive
ConsumerGermany· Entry 2017
Germany· Entry 2017SMB Moteurs BaudouinActive
IndustrialsFrance· Entry 2020
France· Entry 2020Study GroupActive
Business ServicesUK· Entry 2019
UK· Entry 2019Vibrant IngredientsActive
ConsumerUS· Entry 2021
US· Entry 2021Realized
11 exits| Company | Sector | Geo | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|---|---|
| TMT | UK | 2020 | 2024 | Secondary | – | ||
| Industrials | Germany | 2016 | 2023 | Secondary | – | ||
| Agriculture | France | 2018 | 2020 | Trade Sale | – | ||
| Consumer |  Portugal | 2020 | 2025 | Trade Sale | – | ||
| Financials | South Korea | – | 2025 | Secondary | – | ||
| Consumer | Spain | 2018 | 2024 | Secondary | – | ||
| Pharma | Italy | 2018 | 2025 | Secondary | – | ||
| Consumer | France | 2017 | 2025 | Trade Sale | – | ||
| Consumer | France | 2024 | 2025 | Trade Sale | – | ||
| Business Services | France | 2019 | 2024 | Trade Sale | – | ||
| Industrials | France | 2017 | 2023 | Secondary | – |
Ardian Real Estate European Fund IReal EstateRealized2017 · 9yr€700M7 active · 8 realized
Unrealized
7 held| Company | Sector | Geo | Entry |
|---|---|---|---|
| Industrials | Germany | 2018 | |
| Industrials | Germany | 2019 | |
| Industrials | Italy | 2019 | |
| Industrials | Italy | 2017 | |
| Industrials | France | 2018 | |
| Industrials | Italy | 2019 | |
| Industrials | Italy | 2018 |
CarlActive
IndustrialsGermany· Entry 2018
Germany· Entry 2018ElisaActive
IndustrialsGermany· Entry 2019
Germany· Entry 2019FidiaActive
IndustrialsItaly· Entry 2019
Italy· Entry 2019Mirò PortfolioActive
IndustrialsItaly· Entry 2017
Italy· Entry 2017RioActive
IndustrialsFrance· Entry 2018
France· Entry 2018RoncagliaActive
IndustrialsItaly· Entry 2019
Italy· Entry 2019Villa EmilianiActive
IndustrialsItaly· Entry 2018
Italy· Entry 2018Realized
8 exits| Company | Sector | Geo | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|---|---|
| Industrials | France | 2017 | 2019 | Secondary | – | ||
| Industrials | Germany | 2018 | 2021 | Secondary | – | ||
| Industrials | Germany | 2017 | 2020 | Secondary | – | ||
| Industrials | Italy | 2018 | 2022 | – | – | – | |
| Industrials | France | 2018 | 2020 | Secondary | – | ||
| Industrials | France | 2019 | 2020 | Secondary | – | ||
| Industrials | France | 2018 | 2025 | Trade Sale | – | – | |
| Industrials | Germany | 2018 | 2023 | – | – | – |
Melzi d'ErilExited 2022
IndustrialsItaly· Entry 2018
Italy· Entry 2018StoreExited 2023
IndustrialsGermany· Entry 2018
Germany· Entry 2018Ardian Infrastructure Fund IVInfrastructureRealized2016 · 10yr€2.6B13 active · 2 realized
Unrealized
13 held| Company | Sector | Geo | Entry |
|---|---|---|---|
| Industrials | Portugal | 2016 | |
| Industrials | Italy | 2018 | |
| Energy | France | 2016 | |
| Industrials | Italy | 2018 | |
| TMT | France | – | |
| Energy | Italy | 2016 | |
| Energy | Norway | 2016 | |
| Energy | Spain | 2018 | |
| Energy | Sweden | 2016 | |
| Energy | US | 2018 | |
| Energy | France | 2017 | |
| Energy | Italy | 2017 | |
| Energy | Spain | 2018 |
Ascendi GroupActive
IndustrialsPortugal· Entry 2016
Portugal· Entry 2016ASTMActive
IndustrialsItaly· Entry 2018
Italy· Entry 2018Ataca and PantacActive
EnergyFrance· Entry 2016
France· Entry 2016Autovia PadanaActive
IndustrialsItaly· Entry 2018
Italy· Entry 2018C.L.S.Active
TMTFrance
FranceCGE Palea ArsaActive
EnergyItaly· Entry 2016
Italy· Entry 2016Hamnefjell Vinkraft ASActive
EnergyNorway· Entry 2016
Norway· Entry 2016Los AusinesActive
EnergySpain· Entry 2018
Spain· Entry 2018Lyrestad Holding ABActive
EnergySweden· Entry 2016
Sweden· Entry 2016Skyline RenewablesActive
EnergyUS· Entry 2018
US· Entry 2018SPMRActive
EnergyFrance· Entry 2017
France· Entry 2017Tolve Windfarms HoldingActive
EnergyItaly· Entry 2017
Italy· Entry 2017VecianaActive
EnergySpain· Entry 2018
Spain· Entry 2018Realized
2 exits| Company | Sector | Geo | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|---|---|
| Energy | US | 2017 | 2025 | Trade Sale | – | ||
| Energy | Peru | 2016 | 2023 | – | – | – |
PampulExited 2023
EnergyPeru· Entry 2016
Ardian Expansion Fund IVGrowthRealized2016 · 10yr€1.0B2 active · 11 realized
Unrealized
2 held| Company | Sector | Geo | Entry |
|---|---|---|---|
| Consumer | Germany | 2019 | |
| TMT | France | 2019 |
SAAL DigitalActive
ConsumerGermany· Entry 2019
Germany· Entry 2019Technology & StrategyActive
TMTFrance· Entry 2019
France· Entry 2019Realized
11 exits| Company | Sector | Geo | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|---|---|
| Business Services | Germany | 2018 | 2020 | Trade Sale | – | ||
| Industrials | Italy | 2018 | 2024 | Trade Sale | – | ||
| Business Services | France | 2016 | 2018 | MBO | – | ||
| Business Services | Italy | 2016 | 2024 | Trade Sale | – | ||
| TMT |  Austria | 2016 | 2020 | Trade Sale | – | ||
| Healthcare | Germany | 2017 | 2023 | Secondary | – | ||
| Healthcare | France | 2016 | 2019 | Secondary | – | ||
| Healthcare | France | 2016 | 2021 | Secondary | – | ||
| Consumer | France | 2018 | 2022 | Secondary | – | ||
| Healthcare | Germany | 2016 | 2023 | Secondary | – | ||
| TMT | Belgium | 2018 | 2022 | Secondary | – |
Ardian Buyout Fund VIBuyoutRealized2016 · 10yr€4.5B1 active · 12 realized
Realized
12 exits| Company | Sector | Geo | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|---|---|
| TMT | Germany | 2016 | 2023 | Secondary | – | ||
| Healthcare | UK | 2016 | 2021 | Secondary | – | ||
| TMT | Austria | 2015 | 2018 | Secondary | – | ||
| Industrials | Italy | 2015 | 2017 | Secondary | – | ||
| Industrials | Italy | 2014 | 2018 | Secondary | – | ||
| Healthcare | France | 2016 | 2020 | Secondary | – | ||
| Industrials | Belgium | 2014 | 2025 | Trade Sale | – | ||
| Consumer | Germany | 2014 | 2019 | Secondary | – | ||
| Business Services | France | 2015 | 2021 | Secondary | – | ||
| Consumer | France | 2018 | 2021 | Secondary | – | ||
| Business Services | France | 2016 | 2026 | Secondary | – | ||
| Industrials | Germany | 2016 | 2019 | – | – | – |
Weber AutomotiveExited 2019
IndustrialsGermany· Entry 2016
Germany· Entry 2016Ardian Co-Investment Fund IVBuyoutRealized2015 · 11yr€1.1B17 active · 16 realized
Unrealized
17 held| Company | Sector | Geo | Entry |
|---|---|---|---|
| Industrials | Italy | 2015 | |
| TMT | Poland | 2017 | |
| TMT | US | 2016 | |
| Industrials | France | 2018 | |
| Healthcare | US | 2015 | |
| TMT | US | 2015 | |
| Consumer | Netherlands | 2016 | |
| Consumer | US | 2016 | |
| Consumer | UK | 2017 | |
| Consumer | US | 2015 | |
| Industrials | France | 2017 | |
| Industrials | Sweden | 2018 | |
| Consumer | US | 2018 | |
| Business Services | US | 2018 | |
| Industrials | France | 2016 | |
| Consumer | US | 2018 | |
| Industrials | US | 2017 |
AlgogroupActive
IndustrialsItaly· Entry 2015
Italy· Entry 2015AllegroActive
TMTPoland· Entry 2017
Evolve IPActive
TMTUS· Entry 2016
US· Entry 2016Fives GroupActive
IndustrialsFrance· Entry 2018
France· Entry 2018Global Medical ResponseActive
HealthcareUS· Entry 2015
US· Entry 2015InventusActive
TMTUS· Entry 2015
US· Entry 2015Lease PlanActive
ConsumerNetherlands· Entry 2016
Netherlands· Entry 2016Mills Fleet FarmActive
ConsumerUS· Entry 2016
US· Entry 2016ParkDeanActive
ConsumerUK· Entry 2017
UK· Entry 2017Pet SmartActive
ConsumerUS· Entry 2015
US· Entry 2015PraesidiadActive
IndustrialsFrance· Entry 2017
France· Entry 2017RamuddenActive
IndustrialsSweden· Entry 2018
Sweden· Entry 2018Rodan & FieldsActive
ConsumerUS· Entry 2018
US· Entry 2018SedgwickActive
Business ServicesUS· Entry 2018
US· Entry 2018SeqensActive
IndustrialsFrance· Entry 2016
France· Entry 2016Vibrant IngredientsActive
ConsumerUS· Entry 2018
US· Entry 2018WaterFleetActive
IndustrialsUS· Entry 2017
US· Entry 2017Realized
16 exits| Company | Sector | Geo | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|---|---|
| Business Services | US | 2018 | 2022 | Secondary | – | ||
| Industrials | France | 2018 | 2025 | Secondary | – | ||
| Business Services | Germany | 2018 | 2020 | – | – | – | |
| Healthcare | US | 2015 | 2018 | Trade Sale | – | ||
| Business Services | US | 2017 | 2021 | Secondary | – | ||
| Business Services | US | 2016 | 2024 | Trade Sale | – | ||
| Healthcare | US | 2016 | 2020 | Trade Sale | – | ||
| Business Services | France | 2015 | 2019 | – | – | – | |
| Software | China | 2016 | 2020 | – | – | ||
| Healthcare | US | 2016 | 2022 | – | – | – | |
| Healthcare | US | 2016 | 2025 | – | – | – | |
| Business Services | US | 2016 | 2020 | Recapitalization | – | ||
| Business Services | US | 2017 | 2023 | Secondary | – | ||
| Consumer | Switzerland | 2015 | 2020 | Secondary | – | ||
| TMT | US | 2016 | 2019 | Secondary | – | ||
| Healthcare | US | 2016 | 2020 | Recapitalization | – |
CCCExited 2020
Business ServicesGermany· Entry 2018
Germany· Entry 2018Innovation groupExited 2019
Business ServicesFrance· Entry 2015
France· Entry 2015MirionExited 2022
HealthcareUS· Entry 2016
US· Entry 2016MultiPlanExited 2025
HealthcareUS· Entry 2016
US· Entry 2016Ardian Growth Fund IGrowthRealized2014 · 12yr€70M2 active · 38 realized
Unrealized
2 heldRealized
38 exits| Company | Sector | Geo | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|---|---|
| Software | France | 2017 | 2022 | Trade Sale | – | ||
| Business Services | France | 2010 | 2012 | Trade Sale | – | ||
| Software | France | 2015 | 2024 | Trade Sale | – | ||
| Business Services | France | 2010 | 2017 | Trade Sale | – | ||
| Software | France | 2005 | 2012 | – | – | – | |
| Software | France | 2008 | 2017 | MBO | – | ||
| Business Services | France | 2015 | 2021 | – | – | – | |
| Software | France | 2015 | 2022 | Trade Sale | – | ||
| Software | France | 2013 | 2017 | Trade Sale | – | ||
| Business Services | France | 2012 | 2018 | MBO | – | ||
| Consumer | France | 2010 | 2020 | – | – | – | |
| Software | France | 2006 | 2018 | Trade Sale | – | ||
| Consumer | France | 2015 | 2020 | Secondary | – | ||
| SaaS | France | 2012 | 2018 | – | – | – | |
| Consumer | France | 2014 | 2019 | MBO | – | ||
| Consumer | France | 2011 | 2016 | – | – | – | |
| Software | France | 2009 | 2013 | MBO | – | ||
| Software | France | 2016 | 2023 | Trade Sale | – | ||
| Software | France | 2014 | 2021 | Trade Sale | – | ||
| TMT | France | 2003 | 2004 | – | – | – | |
| Business Services | France | 2009 | 2010 | Trade Sale | – | ||
| Business Services | France | 2008 | 2018 | – | – | – | |
| Software | France | 2014 | 2021 | Trade Sale | – | ||
| Software | France | 2015 | 2025 | Trade Sale | – | ||
| Consumer | France | 2017 | 2018 | Trade Sale | – | ||
| Software | France | 2012 | 2016 | – | – | – | |
| TMT | France | 2008 | 2022 | Secondary | – | ||
| Software | France | 2007 | 2016 | – | – | – | |
| Software | France | 2015 | 2021 | Trade Sale | – | ||
| Consumer | France | 2017 | 2021 | Trade Sale | – | ||
| Software | France | 2017 | 2020 | Secondary | – | ||
| Consumer | France | 2000 | 2005 | Secondary | – | ||
| Software | France | 2016 | 2026 | Trade Sale | – | ||
| IT Services | France | 2014 | 2020 | Secondary | – | ||
| Business Services | Spain | 2017 | 2022 | Secondary | – | ||
| Software | France | 2016 | 2017 | MBO | – | ||
| Software | France | 2011 | 2019 | – | – | – | |
| Software | France | 2010 | 2020 | MBO | – |
ArpsonExited 2012
SoftwareFrance· Entry 2005
France· Entry 2005BrainsonicExited 2021
Business ServicesFrance· Entry 2015
France· Entry 2015Customs SolutionsExited 2020
ConsumerFrance· Entry 2010
France· Entry 2010EskerExited 2018
SaaSFrance· Entry 2012
France· Entry 2012Fitness BoutiqueExited 2016
ConsumerFrance· Entry 2011
France· Entry 2011IliadExited 2004
TMTFrance· Entry 2003
France· Entry 2003LusisExited 2018
Business ServicesFrance· Entry 2008
France· Entry 2008Place des LeadsExited 2016
SoftwareFrance· Entry 2012
France· Entry 2012Public idéesExited 2016
SoftwareFrance· Entry 2007
France· Entry 2007TSIExited 2019
SoftwareFrance· Entry 2011
France· Entry 2011Ardian Co-Investment Fund IIIBuyoutRealized2013 · 13yr€700M1 active · 12 realized
Realized
12 exits| Company | Sector | Geo | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|---|---|
| Pharma | Switzerland | 2013 | 2022 | Secondary | – | ||
| Healthcare | US | 2012 | 2016 | Secondary | – | ||
| Consumer | China | 2012 | 2017 | – | – | – | |
| Business Services | US | 2014 | 2021 | Secondary | – | ||
| Business Services | US | 2014 | 2017 | Trade Sale | – | ||
| Industrials | US | 2014 | 2025 | – | – | – | |
| Consumer | China | 2014 | 2020 | – | – | – | |
| Business Services | China | 2014 | 2020 | Secondary | – | ||
| Industrials | US | 2012 | 2021 | – | – | – | |
| Consumer | France | 2014 | 2019 | MBO | – | ||
| Healthcare | Belgium | 2012 | 2014 | Trade Sale | – | ||
| Healthcare | US | 2012 | 2020 | Recapitalization | – |
CbannerExited 2017
ConsumerChina· Entry 2012
GatesExited 2025
IndustrialsUS· Entry 2014
US· Entry 2014GC FlowersExited 2020
ConsumerChina· Entry 2014
Jeld WenExited 2021
IndustrialsUS· Entry 2012
US· Entry 2012Ardian Expansion Fund IIIGrowthRealized2013 · 13yr€570M0 active · 9 realized
Realized
9 exits| Company | Sector | Geo | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|---|---|
| Consumer | Germany | 2014 | 2018 | Secondary | – | ||
| Consumer | Germany | 2015 | 2021 | Secondary | – | ||
| Industrials | France | 2013 | 2020 | Secondary | – | ||
| Industrials | France | 2014 | 2018 | Trade Sale | – | ||
| TMT | France | 2014 | 2015 | Trade Sale | – | ||
| Business Services | Italy | 2014 | 2017 | Secondary | – | ||
| Industrials | France | 2015 | 2018 | MBO | – | ||
| Construction | France | 2014 | 2019 | MBO | – | ||
| Software | France | 2013 | 2024 | Secondary | – |
Ardian Infrastructure Fund IIIInfrastructureRealized2013 · 13yr€1.7B2 active · 10 realized
Unrealized
2 heldRealized
10 exits| Company | Sector | Geo | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|---|---|
| Mobility | Italy | 2015 | 2024 | Trade Sale | – | ||
| Energy | France | 2014 | 2017 | Trade Sale | – | ||
| Energy | Spain | 2011 | 2018 | Secondary | – | ||
| Energy | Luxembourg | 2012 | 2018 | Trade Sale | – | ||
| Industrials | France | 2014 | 2019 | Secondary | – | ||
| Energy | France | 2011 | 2018 | Trade Sale | – | ||
| Industrials | France | 2011 | 2024 | Trade Sale | – | ||
| Industrials | UK | 2013 | 2018 | Secondary | – | ||
| Industrials | Spain | 2011 | 2024 | Trade Sale | – | ||
| Industrials | Spain | 2015 | 2019 | Secondary | – |
Ardian Buyout Fund VBuyoutRealized2012 · 14yr€2.7B0 active · 11 realized
Realized
11 exits| Company | Sector | Geo | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|---|---|
| TMT | Italy | 2012 | 2016 | Trade Sale | – | ||
| Industrials | France | 2012 | 2018 | Secondary | – | ||
| Healthcare | France | 2013 | 2017 | Trade Sale | – | ||
| Industrials | Italy | 2012 | 2016 | Secondary | – | ||
| Consumer | France | 2011 | 2022 | Secondary | – | ||
| TMT | France | 2011 | 2013 | Trade Sale | – | ||
| Industrials | France | 2011 | 2021 | Secondary | – | ||
| Healthcare | Germany | 2012 | 2020 | Trade Sale | – | ||
| Consumer | Germany | 2012 | 2017 | Secondary | – | ||
| Pharma | France | 2011 | 2016 | Secondary | – | ||
| Business Services | France | 2013 | 2018 | Secondary | – |
Ardian Buyout Fund IVBuyoutRealized2008 · 18yr€400M0 active · 4 realized
Realized
4 exits| Company | Sector | Geo | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|---|---|
| TMT | Germany | 2010 | 2012 | Secondary | – | ||
| Consumer | Germany | 2008 | 2022 | – | – | ||
| Consumer | France | 2009 | 2014 | – | – | – | |
| Industrials | France | 2008 | 2012 | Secondary | – |
NewrestExited 2014
ConsumerFrance· Entry 2009
France· Entry 2009Ardian Co-Investment Fund IIBuyoutRealized2008 · 18yr€500M0 active · 13 realized
Realized
13 exits| Company | Sector | Geo | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|---|---|
| TMT | India | 2008 | 2016 | – | – | – | |
| Consumer | US | 2008 | 2018 | – | – | – | |
| Healthcare | US | 2011 | 2017 | – | – | – | |
| Industrials | US | 2010 | 2016 | Secondary | – | ||
| Consumer | China | 2010 | 2021 | Trade Sale | – | ||
| Business Services | US | 2010 | 2012 | Secondary | – | ||
| Healthcare | Italy | 2010 | 2016 | Secondary | – | ||
| Healthcare | Australia | 2009 | 2020 | – | – | – | |
| Financials | China | 2011 | 2016 | – | – | – | |
| Consumer | Spain | 2011 | 2022 | – | – | – | |
| Energy | France | 2011 | 2017 | Secondary | – | ||
| Industrials | US | 2010 | 2015 | Secondary | – | ||
| Consumer | Poland | 2011 | 2017 | Secondary | – |
Bharti InfratelExited 2016
TMTIndia· Entry 2008
CaesarsExited 2018
ConsumerUS· Entry 2008
US· Entry 2008EnvisionExited 2017
HealthcareUS· Entry 2011
US· Entry 2011Monash IVFExited 2020
HealthcareAustralia· Entry 2009
NCIExited 2016
FinancialsChina· Entry 2011
OdigeoExited 2022
ConsumerSpain· Entry 2011
Spain· Entry 2011Ardian Infrastructure Fund IIInfrastructureRealized2008 · 18yr€1.0B1 active · 3 realized
Unrealized
1 held| Company | Sector | Geo | Entry |
|---|---|---|---|
| Industrials | France | 2008 |
A88 AlicorneActive
IndustrialsFrance· Entry 2008
France· Entry 2008Realized
3 exits| Company | Sector | Geo | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|---|---|
| Energy | Italy | 2009 | 2017 | Secondary | – | ||
| Energy | UK | 2008 | 2014 | – | – | – | |
| Industrials | France | 2010 | 2018 | Secondary | – |
Anglian waterExited 2014
EnergyUK· Entry 2008
UK· Entry 2008Ardian Expansion Fund IIGrowthRealized2006 · 20yr€430M0 active · 22 realized
Realized
22 exits| Company | Sector | Geo | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|---|---|
| Business Services | France | 2008 | 2016 | Secondary | – | ||
| TMT | France | 2012 | 2014 | Trade Sale | – | ||
| Business Services | Germany | 2009 | 2013 | – | – | – | |
| Business Services | France | 2009 | 2013 | MBO | – | ||
| Industrials | France | 2006 | 2020 | – | – | – | |
| Business Services | France | 2006 | 2011 | Trade Sale | – | ||
| Industrials | Italy | 2008 | 2013 | Secondary | – | ||
| Consumer | Germany | 2012 | 2017 | Secondary | – | ||
| Industrials | France | 2009 | 2015 | MBO | – | ||
| Industrials | Germany | 2006 | 2011 | – | – | – | |
| Industrials | France | 2012 | 2015 | Secondary | – | ||
| Industrials | Italy | 2012 | 2015 | Trade Sale | – | ||
| Construction | France | 2011 | 2018 | Secondary | – | ||
| Industrials | Germany | 2010 | 2013 | Trade Sale | – | ||
| Industrials | France | 2006 | 2009 | – | – | – | |
| Industrials | Italy | 2010 | 2013 | Secondary | – | ||
| Industrials | Belgium | 2008 | 2011 | Secondary | – | ||
| TMT | France | 2006 | 2018 | – | – | – | |
| Consumer | France | 2018 | 2021 | Secondary | – | ||
| Business Services | France | 2007 | 2013 | Secondary | – | ||
| Industrials | France | 2007 | 2010 | MBO | – | ||
| TMT | France | 2007 | 2012 | – | – | – |
Ardian Infrastructure Fund IInfrastructureRealized2005 · 21yr€500M1 active · 5 realized
Unrealized
1 held| Company | Sector | Geo | Entry |
|---|---|---|---|
| Energy | Italy | 2007 |
EnergyItaly· Entry 2007
Italy· Entry 2007Realized
5 exits| Company | Sector | Geo | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|---|---|
| Energy | Italy | 2007 | 2017 | Secondary | – | ||
| Healthcare | Italy | 2007 | 2017 | Secondary | – | ||
| Industrials | France | 2006 | 2017 | Trade Sale | – | ||
| Energy | France | 2007 | 2012 | – | – | – | |
| Energy | France | 2006 | 2014 | – | – | – |
Saur GroupExited 2012
EnergyFrance· Entry 2007
France· Entry 2007Sita Cornwall et Sita NorthumberlandExited 2014
EnergyFrance· Entry 2006
France· Entry 2006Ardian Co-Investment Fund IBuyoutRealized2005 · 21yr€300M0 active · 21 realized
Realized
21 exits| Company | Sector | Geo | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|---|---|
| Consumer | US | 2007 | 2014 | Trade Sale | – | ||
| Industrials | US | 2007 | 2014 | – | – | – | |
| Consumer | US | 2007 | 2015 | Trade Sale | – | ||
| TMT | Poland | 2006 | 2013 | Trade Sale | – | ||
| TMT | Lithuania | 2007 | 2016 | Secondary | – | ||
| Business Services | Denmark | 2005 | 2012 | – | – | – | |
| Telecom | Sweden | 2006 | 2013 | – | – | – | |
| TMT | China | 2006 | 2017 | – | – | – | |
| Business Services | Denmark | 2005 | 2015 | – | – | – | |
| Industrials | France | 2006 | 2013 | Secondary | – | ||
| Business Services | UK | 2005 | 2011 | Trade Sale | – | ||
| Financials | South Korea | 2007 | 2025 | – | – | – | |
| Healthcare | France | 2006 | 2013 | Trade Sale | – | ||
| TMT | Netherlands | 2006 | 2015 | – | – | – | |
| TMT | Netherlands | 2006 | 2016 | – | – | – | |
| Industrials | France | 2005 | 2013 | – | – | – | |
| Industrials | US | 2006 | 2012 | Secondary | – | ||
| Industrials | US | 2006 | 2012 | Trade Sale | – | ||
| Energy | China | 2007 | 2017 | Trade Sale | – | ||
| Industrials | US | 2005 | 2014 | – | – | – | |
| TMT | France | 2007 | 2016 | Secondary | – |
Allison TransmissionExited 2014
IndustrialsUS· Entry 2007
US· Entry 2007CHR HandsenExited 2012
Business ServicesDenmark· Entry 2005
Denmark· Entry 2005Com HemExited 2013
TelecomSweden· Entry 2006
Sweden· Entry 2006EasouExited 2017
TMTChina· Entry 2006
ISSExited 2015
Business ServicesDenmark· Entry 2005
Denmark· Entry 2005KyoboExited 2025
FinancialsSouth Korea· Entry 2007
NielsenExited 2015
TMTNetherlands· Entry 2006
Netherlands· Entry 2006NXPExited 2016
TMTNetherlands· Entry 2006
Netherlands· Entry 2006RexelExited 2013
IndustrialsFrance· Entry 2005
France· Entry 2005SpiritExited 2014
IndustrialsUS· Entry 2005
US· Entry 2005Ardian Buyout Fund IIIBuyoutRealized2005 · 21yr€500M0 active · 10 realized
Realized
10 exits| Company | Sector | Geo | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|---|---|
| Consumer | France | 2006 | 2015 | Trade Sale | – | ||
| Industrials | France | 2006 | 2013 | Secondary | – | ||
| Industrials | Germany | 2007 | 2011 | Secondary | – | ||
| Consumer | France | 2005 | 2007 | Secondary | – | ||
| Consumer | France | 2007 | 2014 | Trade Sale | – | ||
| Industrials | France | 2005 | 2010 | Trade Sale | – | ||
| Industrials | France | 2006 | 2011 | Secondary | – | ||
| Energy | Germany | 2006 | 2011 | – | – | – | |
| TMT | France | 2006 | 2011 | – | – | – | |
| Consumer | France | 2007 | 2010 | Secondary | – |
Ardian Expansion Fund IGrowthRealized2001 · 25yr€200M0 active · 8 realized
Realized
8 exits| Company | Sector | Geo | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|---|---|
| Business Services | France | 2005 | 2010 | – | – | – | |
| TMT | France | 2003 | 2004 | – | – | – | |
| Industrials | Germany | 2004 | 2010 | – | – | – | |
| Business Services | France | 2004 | 2013 | MBO | – | ||
| Industrials | France | 2004 | 2013 | Trade Sale | – | ||
| Industrials | Germany | 2003 | 2007 | Secondary | – | ||
| Industrials | France | 2004 | 2005 | – | – | – | |
| Industrials | France | 2005 | 2008 | – | – | – |
Ardian Buyout Fund IIBuyoutRealized2000 · 26yr€350M0 active · 4 realized
Realized
4 exits| Company | Sector | Geo | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|---|---|
| Industrials | Germany | 2004 | 2007 | Secondary | – | ||
| Consumer | France | 2004 | 2008 | Trade Sale | – | ||
| Industrials | Germany | 2004 | 2011 | Secondary | – | ||
| Consumer | France | 2004 | 2007 | Trade Sale | – |
Ardian Buyout Fund IBuyoutRealized1997 · 29yr€100M0 active · 1 realized
Realized
1 exit| Company | Sector | Geo | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|---|---|
| TMT | France | 1998 | 2005 | – | – | – |
Linedata ServicesExited 2005
TMTFrance· Entry 1998
France· Entry 1998Track Ardian
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About Ardian
Ardian is a global private markets investment firm with €196.0 billion of assets under management as of December 2024, headquartered in Paris with offices across Europe, North America, Asia and the Middle East. The firm was founded in 1996 as the private equity arm of AXA before becoming independent in 2013 through a partner-led management buyout from AXA, and has since grown into one of the largest privately-held alternative asset managers globally. Ardian remains majority-owned by its employees and select institutional partners.
Investment thesis
Ardian operates across the full alternative spectrum with five core pillars: secondaries (its founding flagship strategy and the largest globally by deal volume), direct buyout (Mid Cap, Expansion and Co-Investment), private debt, infrastructure (transport, telecoms, energy transition) and real estate. The platform deploys capital across more than 30 distinct fund vehicles, with a particular emphasis on partnering with founders and family-owned businesses across Europe and selectively in North America. Ardian's secondaries franchise provides a structural advantage in deploying capital at scale through fund-level GP-led and LP-led transactions.
Recent activity
Recent realised exits include NetCo (industrials, 2026), Acousti Engineering Company of Florida (industrials, 2026), Nova Reperta (business services, 2026) and Rivalis (business services, 2026), reflecting strong 2026 distribution momentum across the mid-cap buyout franchise. The platform tracks 33 active funds, 235 active portfolio companies and 253 realised exits across its history, with continued deployment across European and selective US opportunities. Detailed buyer names and multiple data available on Pro at €29/month.
Portfolio platforms backed by Ardian made 27 researched add-on acquisitions during its ownership. See the roll-up tracker
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Last updated August 2026 · Sourced from public filings · Report an issue