Capital Grand Est
Capital Grand Est is a private equity and venture capital firm founded in 2012 and based in Schiltigheim, France. It manages over €225 million in assets and supports the growth of startups and SMEs across all sectors in the Grand Est region through tailored investment and active engagement.
Capital Grand Est is a Schiltigheim venture capital firm with €228M AUM, 38 active companies and 26 exits.
- ·9 exits in the last 5 years · consistent DPI cadence.
- ·Average hold across 9 realized deals: 7 years.
- ·Fund cadence: ~3Y between vintages · last raise 2023.
Sector breakdown
64 companiesGeography breakdown
2 geographiesKey facts
Recent exits
Capital Grand Est sold TSA Industrie to Turenne Groupe in 2025 after 7 years.
Capital Grand Est exited Ferme Schmitt in 2025 after 12 years.
Capital Grand Est exited Miraxess in 2024 after 2 years.
Capital Grand Est sold Sapronit to Abriso-Jiffy in 2023 after 10 years.
Coverage notes
5 funds tracked, 64 portfolio companies (38 active · 26 realized). Verified weekly from public filings and deal announcements.
Funds & portfolio
Every fund Capital Grand Est has raised, with its portfolio companies. Hand-checked from public filings.
ReBest2023€40M2 assets–2023 · 3yr€40M2–
Unrealized
2 held| Company | Entry |
|---|---|
| ACEA TMT · France | 2025 |
| Groupe Batige Real Estate · France | 2026 |
Cap Innov'Est 2HarvestingVC2021€40M14 assets1 exitsVC2021 · 5yr€40M141
Unrealized
14 held| Company | Entry |
|---|---|
| Apmonia Biotech · France | 2022 |
| Dianosic MedTech · France | 2025 |
| Elkedonia Biotech · France | – |
| EVerZom Biotech · France | 2025 |
| Find Therapeutics Biotech · Canada | – |
| Herrmann TP Construction · France | 2024 |
| Hypno VR HealthTech · France | 2021 |
| Keey Aerogel Construction · France | – |
| Odimma Biotech · France | – |
| OpenCell TMT · France | 2021 |
| RDS MedTech · France | 2023 |
| Sirfull Service TMT · France | 2024 |
| Sounduct MedTech · France | 2025 |
| Superbranche Healthcare · France | – |
Realized
1 exit| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Miraxess TMT · France | 2022 | 2024 | – | – | – |
Croissance 2HarvestingGrowth2021€40M12 assets2 exitsGrowth2021 · 5yr€40M122
Unrealized
12 held| Company | Entry |
|---|---|
| Altodis Industrials · France | 2023 |
| Braintale Healthcare · France | – |
| Cixten ClimateTech · France | 2024 |
| Gestra Logistics · France | – |
| Groupe Viso Education · France | – |
| Hussor Construction · France | 2021 |
| Lagarde Meregnani Construction · France | 2026 |
| Loppin & Jean Industrials · France | – |
| Parc animalier Sainte-Croix Hospitality · France | 2022 |
| Symabat France Financials · France | – |
| Terra Nobilis Education · France | 2024 |
| Ziemex Industrials · France | 2021 |
Realized
2 exits| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Bretzel Burgard Consumer · France | 2022 | 2022 | Trade Sale | Groupe Erhard | – |
| Omnis Education · France | 2022 | – | – | – | – |
Cap Innov'Est 1RealizedVC2014€45M8 assets7 exitsVC2014 · 12yr€45M87
Unrealized
8 held| Company | Entry |
|---|---|
| AdipoPharma Pharma · France | – |
| Exeliom Biosciences Biotech · France | 2017 |
| Fizimed MedTech · France | 2015 |
| Medsenic Biotech · France | 2016 |
| Norcan Construction · France | 2013 |
| Percipio Robotics Industrials · France | 2016 |
| Syndivia Biotech · France | 2019 |
| Urania Therapeutics Biotech · France | 2020 |
Realized
7 exits| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Domain Therapeutics Biotech · France | 2015 | – | – | – | – |
| HipTest TMT · France | 2016 | 2018 | Trade Sale | SmartBear Software | – |
| Inoviem Scientific Healthcare · France | 2016 | – | Trade Sale | Hybrigenics | – |
| Synovo Business Services · France | – | – | MBO | Jérémy Wies, Michel Lacombe and Guillaume Philipp | – |
| TSA Industrie Industrials · France | 2018 | 2025 | Secondary | Turenne Groupe | – |
| Waterair Construction · France | 2012 | – | – | – | – |
| Wizzvet HealthTech · France | 2016 | – | – | – | – |
Alsace CroissanceRealizedGrowth2011€50M2 assets16 exitsGrowth2011 · 15yr€50M216
Unrealized
2 held| Company | Entry |
|---|---|
| Fibermetrix TMT · France | 2016 |
| Meazza Gide & De Angelis Construction · France | 2026 |
Realized
16 exits| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Demathieu Bard Construction · France | 2012 | – | – | – | – |
| Diatem TMT · France | 2015 | 2022 | Trade Sale | OCI Informatique & Digital | – |
| EGH Industrie Industrials · France | – | – | – | – | – |
| Estudia Education · France | 2022 | – | – | – | – |
| Ferme Schmitt Consumer · France | 2013 | 2025 | – | – | – |
| Firalis Healthcare · France | 2015 | – | Trade Sale | Janvier Labs | – |
| Haehn Fortuna Industrials · France | 2013 | – | – | – | – |
| Heinrich & Bock Construction · France | 2013 | – | – | – | – |
| Infinite Vision Optics MedTech · France | 2016 | – | Trade Sale | Carl Zeiss Meditec AG | – |
| Liconograf Education · France | 2018 | – | – | – | – |
| Proximis TMT · France | 2017 | 2021 | Trade Sale | Planet | – |
| RS²D Healthcare · France | 2016 | – | Trade Sale | Nanalysis Scientific Corp. | – |
| Sapronit Industrials · France | 2013 | 2023 | Trade Sale | Abriso-Jiffy | – |
| Stevenin Nollevaux Industrials · France | 2015 | 2023 | Trade Sale | Forges de Courcelles (SIFCOR) | – |
| Tennis Pro Consumer · France | 2015 | – | Trade Sale | SIGNA Sports United | – |
| Wolf Lingerie Consumer · France | 2014 | 2022 | Secondary | NextStage AM | – |
About Capital Grand Est
Capital Grand Est is a French regional private equity and venture capital firm with over €225 million of assets under management, founded in 2012 and headquartered in Schiltigheim near Strasbourg. The firm supports the growth of startups and SMEs across all sectors in the Grand Est region (Alsace, Lorraine, Champagne-Ardenne) through multiple vintage funds aligned with regional French economic development.
Investment thesis
Capital Grand Est targets Grand Est headquartered French SMEs and startups across venture, growth equity and selective buyout strategies. Sector focus reflects the broad coverage typical of regional multi-strategy platforms, with the Eastern French regional mandate enabling distinctive deal sourcing across the Alsace-Lorraine industrial heritage and Champagne-Ardenne agricultural and luxury businesses. Equity ticket sizes vary by strategy and stage.
Recent activity
Recent realised exits include Miraxess (TMT, 2025), TSA Industrie (industrials, 2025) and Stevenin Nollevaux (industrials, 2023), reflecting active distribution across the regional portfolio. The platform tracks 4 funds, 56 active portfolio companies and 6 realised exits across the Grand Est regional programme.
Frequently asked questions
- What investment strategy does Capital Grand Est focus on?
- Capital Grand Est focuses on VC, Growth, Buyout strategies in the private equity space.
- How many portfolio companies does Capital Grand Est have?
- Capital Grand Est has 38 active portfolio companies and 26 completed exits and 5 funds tracked on GP Intel.
- Where is Capital Grand Est headquartered?
- Capital Grand Est is headquartered in Schiltigheim, France.
- What is Capital Grand Est's assets under management?
- Capital Grand Est manages approximately €228M in assets under management.
- When was Capital Grand Est founded?
- Capital Grand Est was founded in 2012.
- What sectors does Capital Grand Est invest in?
- Capital Grand Est invests across Healthcare, Industrials, Business Services.
- What are Capital Grand Est's recent exits?
- Recent realized exits by Capital Grand Est include: TSA Industrie (2025) to Turenne Groupe; Sapronit (2023) to Abriso-Jiffy; Stevenin Nollevaux (2023) to Forges de Courcelles (SIFCOR); Bretzel Burgard (2022) to Groupe Erhard; Diatem (2022) to OCI Informatique & Digital; Wolf Lingerie (2022) to NextStage AM; Proximis (2021) to Planet; HipTest (2018) to SmartBear Software.
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