Ciclad
Key facts
Recent exits
Coverage notes
6 funds tracked, 72 portfolio companies (43 active · 29 realized). Verified weekly from public filings and deal announcements.
Sector breakdown
72 companiesFunds & portfolio
Every fund Ciclad has raised, with its portfolio companies. Hand-checked from public filings.
Ciclad Entreprise 2Buyoutraising2026 · 0yr€45M1 active
Unrealized
1 held| Company | Sector | Geo | Entry |
|---|---|---|---|
| Consumer |  France | 2026 |
France· Entry 2026Si Vis PacemBuyoutraising2025 · 1yr€80M1 active
Ciclad 7Buyout2024 · 2yr€190M7 active
Unrealized
7 held| Company | Sector | Geo | Entry |
|---|---|---|---|
| Aerospace & Defence | France | 2024 | |
| Education | France | 2024 | |
| Mobility | France | 2025 | |
| Consumer | France | 2025 | |
| E-commerce | France | 2025 | |
| IT Services | France | 2023 | |
| SaaS | France | 2026 |
Ciclad EntrepriseGrowth2020 · 6yr€70M4 active
Unrealized
4 held| Company | Sector | Geo | Entry |
|---|---|---|---|
| Industrials | France | 2024 | |
| Fintech | France | 2024 | |
| Consumer | FR | 2026 | |
| MedTech | France | 2024 |
France· Entry 2024France· Entry 2024France· Entry 2024Ciclad 6Buyout2017 · 9yr€180M18 active · 9 realized
Unrealized
18 held| Company | Sector | Geo | Entry |
|---|---|---|---|
| Consumer | France | 2023 | |
| Consumer | France | 2023 | |
| Aerospace & Defence |  Belgium | 2017 | |
| Industrials | France | 2021 | |
| Industrials | France | 2018 | |
| Business Services | France | 2021 | |
| Business Services | France | 2021 | |
| Industrials | France | 2022 | |
| Hospitality | France | 2019 | |
| HR Tech | France | 2023 | |
| Construction | France | 2023 | |
| Consumer | France | 2021 | |
| Industrials | France | 2023 | |
| IT Services | France | 2020 | |
| Business Services | France | 2023 | |
| Industrials | France | 2019 | |
| Logistics | France | 2022 | |
| Telecom | France | 2021 |
France· Entry 2023France· Entry 2023Belgium· Entry 2017France· Entry 2021France· Entry 2018France· Entry 2021France· Entry 2021France· Entry 2022France· Entry 2019France· Entry 2023France· Entry 2023France· Entry 2021France· Entry 2023France· Entry 2020France· Entry 2023France· Entry 2019France· Entry 2022France· Entry 2021Realized
9 exits| Company | Sector | Geo | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|---|---|
| IT Services | France | 2017 | 2023 | Secondary | – | ||
| Education | France | 2018 | 2021 | Secondary | – | ||
| Industrials | France | 2017 | 2018 | Secondary | – | ||
| Industrials | France | 2019 | 2023 | Secondary | – | ||
| ClimateTech | France | 2018 | 2024 | Secondary | – | ||
| IT Services | France | 2022 | 2025 | Trade Sale | – | ||
| IT Services | France | 2017 | 2022 | Secondary | – | ||
| ClimateTech | France | 2022 | 2024 | Trade Sale | – | ||
| Construction | France | 2019 | 2024 | Secondary | – |
Ciclad 5Buyout2011 · 15yr€150M12 active · 20 realized
Unrealized
12 held| Company | Sector | Geo | Entry |
|---|---|---|---|
| Aerospace & Defence | France | 2012 | |
| Industrials | France | 2018 | |
| MedTech | France | 2011 | |
| Construction | France | – | |
| Business Services | France | 2018 | |
| MedTech | France | 2011 | |
| Industrials | France | 2019 | |
| Business Services | France | 2015 | |
| Construction | France | 2012 | |
| Telecom | France | 2018 | |
| Telecom | France | 2018 | |
| Telecom | France | 2014 |
France· Entry 2012France· Entry 2018France· Entry 2011FranceFrance· Entry 2018France· Entry 2011France· Entry 2019France· Entry 2015France· Entry 2012France· Entry 2018France· Entry 2018France· Entry 2014Realized
20 exits| Company | Sector | Geo | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|---|---|
| Agriculture | France | 2012 | 2018 | Secondary | – | ||
| Industrials | France | 2014 | 2019 | Trade Sale | – | ||
| Consumer | France | 2011 | 2017 | Secondary | – | ||
| Business Services | France | 2014 | 2023 | Secondary | – | ||
| Business Services | France | 2016 | 2018 | Trade Sale | – | ||
| IT Services | France | 2015 | 2017 | Secondary | – | ||
| Construction | France | 2013 | 2017 | Secondary | – | ||
| Business Services | France | 2013 | 2019 | Secondary | – | ||
| Mobility | France | 2013 | 2019 | – | – | – | |
| Industrials | France | 2016 | 2022 | Secondary | – | ||
| Telecom | France | 2015 | 2020 | Trade Sale | – | ||
| IT Services | France | 2012 | 2015 | Trade Sale | – | ||
| Construction | France | 2015 | 2019 | Secondary | – | ||
| AgTech | France | 2007 | 2015 | Secondary | – | ||
| Mobility | France | 2014 | 2023 | Secondary | – | ||
| Hospitality | France | 2015 | 2020 | Trade Sale | – | ||
| Construction | France | 2005 | 2011 | Trade Sale | – | ||
| Consumer | France | 2012 | 2018 | Trade Sale | – | ||
| Aerospace & Defence | France | 2015 | 2023 | Secondary | – | ||
| Industrials | France | 2016 | 2019 | Secondary | – |
France· Entry 2013Saved GPs appear in your watchlist, one click from your workspace.
About Ciclad
Ciclad is a French private equity firm with €610 million of assets under management, headquartered in Paris. The firm has built a multi-decade track record across successive flagship vintage funds focused on French small and mid-cap LBO transactions, with particular depth in industrial businesses and selective energy and services verticals.
Investment thesis
Ciclad targets French small and mid-cap LBO transactions with equity ticket sizes typically ranging from €10 million to €40 million per transaction, focusing on profitable companies with strong management teams and growth potential. Sector focus spans Industrials, Energy, IT Services and selectively other small/mid-cap verticals, with the platform's industrial focus enabling deep operational and consolidation expertise across portfolio companies.
Recent activity
Recent realised exits include H&A (industrials, 2024), KYOTHERM (energy, 2024), TIBBLOC (industrials, 2024) and BH TECHNOLOGIES (IT services, 2023), reflecting active distribution across the industrial and energy franchises. The platform tracks 5 funds, 35 active portfolio companies and 27 realised exits across the multi-decade French small/mid-cap track record. Detailed buyer names and multiple data available on Pro at €29/month.
Similar firms
Other private equity firms tracked on GP Intel.
Get the full picture on Ciclad.
Free. No credit card. 30 seconds. Exit buyers and MOIC on Pro.
Already a member? Sign in