What investment strategy does Calcium Capital focus on?

Calcium Capital focuses on Growth, Buyout strategies in the private equity space.

How many portfolio companies does Calcium Capital have?

Calcium Capital has 12 active portfolio companies and 3 completed exits and 2 funds tracked on GP Intel.

Where is Calcium Capital headquartered?

Calcium Capital is headquartered in Paris, France.

What is Calcium Capital's assets under management?

Calcium Capital manages approximately €64M in assets under management.

When was Calcium Capital founded?

Calcium Capital was founded in 2012.

What sectors does Calcium Capital invest in?

Calcium Capital invests across Industrials, Consumer, Business Services.

What are Calcium Capital's recent exits?

Recent realized exits by Calcium Capital include: Dilitrust (2022) to Eurazeo Cathay Capital and Sagard NewGen; Cap Vert (2020) to Evolem; Aragan (2017) to Groupe Ponroy Sante (Havea), 9.0x.

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Calcium Capital

Paris, France·Founded 2012·

Growth Equity Buyout

·calciumcapital.com

Paris-based mid-market growth and buyout PE firm founded 2012 by Cedric Duchamp (ex-Goldman Sachs investment banking 7 years + Casino Group M&A Director); deploys EUR 64M+ across Calcium Capital Partners I (2012) and Calcium Capital Partners II (2022 EUR 50M) targeting French SMEs with EUR 5-20M tickets in lower-mid-market growth-buyout situations across software, consumer and services. Notable exit Dilitrust May 2022 over EUR 130M to Eurazeo / Cathay / Sagard NewGen consortium.

AUM

€64M

Funds

vintages 2012–2022

Portfolio

Exits

Calcium Capital is a Paris growth equity firm with €64M AUM, 12 active companies and 3 exits.

SectorsIndustrials Consumer Business Services

Key takeaways

·Average hold across 3 realized deals: 5 years.
·Best return: 9.0x MOIC on Aragan (2017).
·Top sector focus: Consumer (27% of portfolio).

Sector breakdown

15 companies

Consumer

4 · 27%

TMT

3 · 20%

Industrials

2 · 13%

Deep Tech

1 · 7%

Financials

1 · 7%

EdTech

1 · 7%

Healthcare

1 · 7%

Business Services

1 · 7%

Geography breakdown

2 geographies

France

14 · 93%

Switzerland

1 · 7%

Key facts

HQParis, France

Founded2012

Websitecalciumcapital.com

Recent exits

Calcium Capital sold Dilitrust to Eurazeo Cathay Capital and Sagard NewGen in 2022 after 5 years.

Calcium Capital sold Cap Vert to Evolem in 2020 after 5 years.

Calcium Capital sold Aragan to Groupe Ponroy Sante (Havea) in 2017 after 4 years.

9.0x

Coverage notes

2 funds tracked, 15 portfolio companies (12 active · 3 realized). Verified weekly from public filings and deal announcements.

Funds & portfolio

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

2 funds

Fund

Strategy

Vintage

Size

Assets

Exits

Calcium Capital Partners II (CCP2)

Growth2022€120M8 assets

Growth

2022 · 4yr

€120M

–

Unrealized

8 held

Company	Entry
Arago Deep Tech · France	2024
Biogroupe Consumer · France	2022
Cler Verts Industrials · France	2021
Climb up Consumer · France	2019
Cyclable Consumer · France	2022
Equance Financials · France	2022
Laukimax TMT · France	2022
Stych EdTech · France	2015

Calcium Capital Partners IHarvesting

Growth2012€80M4 assets3 exits

Growth

2012 · 14yr

€80M

Unrealized

4 held

Company	Entry
Cler Vert Industrials · France	2021
Compressport Consumer · Switzerland	2017
Sightness TMT · France	2019
Superprod TMT · France	2019

Realized

3 exits

Company	Entry	Exit	Type	Buyer	MOIC
Aragan Healthcare · France	2013	2017	Trade Sale	Groupe Ponroy Sante (Havea)	9.0x
Cap Vert Business Services · France	2015	2020	Secondary	Evolem	–
Dilitrust LegalTech · France	2017	2022	Secondary	Eurazeo Cathay Capital and Sagard NewGen	–

About Calcium Capital

Calcium Capital is a Paris-based mid-market growth and buyout private equity firm with over €64 million of assets under management, founded in 2012 by Cédric Duchamp (ex-Goldman Sachs investment banking 7 years plus Casino Group M&A Director). The platform deploys across Calcium Capital Partners I (2012) and Calcium Capital Partners II (2022) supporting French mid-market growth and buyout transactions.

Investment thesis

Calcium Capital targets French mid-market companies across growth equity and selective buyout transactions, deploying equity tickets typically ranging from €3 million to €12 million per transaction. Sector focus spans Business Services, TMT and selectively other French mid-market verticals, with the founder's Goldman Sachs investment banking heritage providing distinctive deal sourcing and structuring expertise.

Recent activity

Recent realised exits include Cap Vert (business services, 2024) and Dilitrust (TMT, 2022), reflecting selective distribution across the French mid-market portfolio. The platform tracks 2 funds, 11 active portfolio companies and 3 realised exits across the multi-vintage growth and buyout programme.

Portfolio platforms backed by Calcium Capital made 1 researched add-on acquisition during its ownership.

Frequently asked questions

What investment strategy does Calcium Capital focus on?: Calcium Capital focuses on Growth, Buyout strategies in the private equity space.
How many portfolio companies does Calcium Capital have?: Calcium Capital has 12 active portfolio companies and 3 completed exits and 2 funds tracked on GP Intel.
Where is Calcium Capital headquartered?: Calcium Capital is headquartered in Paris, France.
What is Calcium Capital's assets under management?: Calcium Capital manages approximately €64M in assets under management.
When was Calcium Capital founded?: Calcium Capital was founded in 2012.
What sectors does Calcium Capital invest in?: Calcium Capital invests across Industrials, Consumer, Business Services.
What are Calcium Capital's recent exits?: Recent realized exits by Calcium Capital include: Dilitrust (2022) to Eurazeo Cathay Capital and Sagard NewGen; Cap Vert (2020) to Evolem; Aragan (2017) to Groupe Ponroy Sante (Havea), 9.0x.