Auxitex
Auxitex (Institut de Participation du Grand Sud Ouest) is a French regional private equity firm founded in June 1992 in Bordeaux. It originates from L'Epargne pour l'entreprise, a 1979 initiative launched by the Chambers of Commerce of Bordeaux, La Rochelle, Limoges and Toulouse to support regional industrial development through equity investment. Operating with a lean team of one to two staff led by President Bertrand Roux, the firm invests as an evergreen balance-sheet company rather than as an AMF-regulated manager of third-party funds, deploying tickets of around EUR 0.5 million across roughly 20 portfolio investments since inception, representing approximately EUR 10 million deployed. The mandate covers buyouts and development capital across diversified sectors including industrials, business services, TMT and consumer, focused on SMEs in the French Grand Sud Ouest. Member of France Invest.
Auxitex is a Bordeaux buyout firm with 5 active companies and 2 exits.
Sector breakdown
7 companiesKey facts
Recent exits
Auxitex sold Groupe HISI to Capitem Partenaires Bpifrance in 2021 after 8 years.
Auxitex sold Easy Mountain to Decathlon in 2020 after 2 years.
Coverage notes
1 fund tracked, 7 portfolio companies (5 active · 2 realized). Verified weekly from public filings and deal announcements.
Funds & portfolio
Every fund Auxitex has raised, with its portfolio companies. Hand-checked from public filings.
Auxitex - Institut de Participation du Grand Sud OuestBuyout1992€10M5 assets2 exitsBuyout1992 · 34yr€10M52
Unrealized
5 held| Company | Entry |
|---|---|
| Bouvier Gestion Financials · France | 2020 |
| Mapmedia IT Services · France | 1994 |
| Massa Labs Deep Tech · France | 2021 |
| Naogen Pharma Pharma · France | 2018 |
| Surtec Industrials · France | 2016 |
Realized
2 exits| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Easy Mountain Software · France | 2018 | 2020 | Trade Sale | Decathlon | – |
| Groupe HISI TMT · France | 2013 | 2021 | Secondary | Capitem Partenaires Bpifrance | – |
About Auxitex
Auxitex (Auxitex Institut de Participation du Grand Sud Ouest) is a French regional private equity firm headquartered in Bordeaux with selective Paris presence, originally founded in 1979 via the L'Épargne pour l'entreprise association initiated by the chambers of commerce of Bordeaux, La Rochelle, Limoges and Toulouse, before formal legal entity establishment in 1992. The firm operates as a chambers-of-commerce-sponsored regional platform with €1.44 million share capital per latest filings, led by Bertrand Jean-Marie Roux as President of the Board.
Investment thesis
Auxitex deploys capital through a single-vehicle and evergreen structure with multiple sleeves spanning innovation capital (early-stage), growth capital and transmission capital (LBO and succession), with average ticket sizes up to €0.5 million per deal and a target enterprise value range below €50 million. Sector deployment is multi-sector with selective allocations to consumer, software and IT services, industrials and SMEs and start-ups. Geographic focus is concentrated on the Grand Sud-Ouest region including Nouvelle-Aquitaine and Occitanie, with the chambers-of-commerce sponsorship enabling deep local entrepreneurial network access.
Recent activity
Recent realised exits include Groupe HISI (software and IT services, 2021). Recent acquisitions include La Bouche Rouge (cosmetics and beauty, recent investment per public sources). The platform tracks approximately 20 portfolio companies across the single-vehicle evergreen structure with continued small-ticket deployment across the Grand Sud-Ouest regional SME segment.
Frequently asked questions
- What investment strategy does Auxitex focus on?
- Auxitex focuses on Buyout, Growth strategies in the private equity space.
- How many portfolio companies does Auxitex have?
- Auxitex has 5 active portfolio companies and 2 completed exits and 1 fund tracked on GP Intel.
- Where is Auxitex headquartered?
- Auxitex is headquartered in Bordeaux, France.
- When was Auxitex founded?
- Auxitex was founded in 1992.
- What sectors does Auxitex invest in?
- Auxitex invests across TMT, Industrials, Business Services, Consumer.
- What are Auxitex's recent exits?
- Recent realized exits by Auxitex include: Groupe HISI (2021) to Capitem Partenaires Bpifrance; Easy Mountain (2020) to Decathlon.
Similar firms
Other private equity firms tracked on GP Intel.