Audacia

About Audacia

Audacia is an independent French private equity firm with €2.8 billion of assets under management as of December 2024, founded in 2006 and headquartered in Paris. The firm specialises in growth capital for family SMEs and mid-cap companies, complemented by venture capital programmes in deeptech and dedicated real estate investments. The platform's multi-strategy approach combines traditional growth equity with thematic investing in French innovation ecosystems.

Investment thesis

Audacia deploys capital across three complementary strategies: Growth Capital (family SMEs and mid-cap companies seeking expansion capital), Venture Capital (deeptech early-stage and growth investments) and Real Estate (selective French real estate positions). Sector focus spans Consumer, Healthcare, Industrials, Diversified, Business Services and TMT, with equity tickets varying by strategy from venture-stage early commitments through to mid-cap growth equity positions of €10 million to €80 million.

Recent activity

Recent realised exits include Lepape (consumer, 2026), Biocyte (consumer, 2023) and Point de Vue (TMT, 2022), reflecting selective distribution activity across the consumer and technology verticals. The platform tracks 9 funds, 97 active portfolio companies and 11 realised exits, with the latest vintage actively deploying capital across French growth equity opportunities.

Frequently asked questions

What investment strategy does Audacia focus on?

Audacia focuses on Growth, VC, Buyout strategies in the private equity space.

How many portfolio companies does Audacia have?

Audacia has 98 active portfolio companies and 13 completed exits and 9 funds tracked on GP Intel.

Where is Audacia headquartered?

Audacia is headquartered in PARIS, France.

What is Audacia's assets under management?

Audacia manages approximately €2.8B in assets under management.

When was Audacia founded?

Audacia was founded in 2006.

What sectors does Audacia invest in?

Audacia invests across TMT, Industrials, Software, Consumer, Healthcare, Business Services, Energy.

What are Audacia's recent exits?

Recent realized exits by Audacia include: Lepape (2026) to Amoniss; Fealinx (2025) to DV Group; Point de Vue (2024) to Artemis; Biocyte (2023) to Havea Group; 2CRSI (2023) to 2CRSI (preference share redemption); Gallia (2019) to Heineken; Kusmi Tea (2019) to NextWorld Evergreen; Roger Pradier (2019) to Rivalen.