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FCDE

FCDE

PONTOISE, France·Founded 2025··fonds-fcde.fr

FCDE is a French private equity firm founded in 2009 that supports the development and transformation of SMEs and mid-cap companies with strong growth potential. It has raised over €1.1 billion in capital and has made 34 investments since inception, focusing on sustainable operational improvement and long-term value creation.

AUM
€604M
Funds
4
vintages 2013–2025
Portfolio
16
Exits
13

Key facts

HQPONTOISE, France
Founded2025

Recent exits

Bertin Technologies
Bertin Technologies
TMT2025 · 4yr hold
Didactic
Didactic
Consumer2024 · 4yr hold
SERMA Group
SERMA Group
Industrials2022 · <1yr hold
Babcock Wanson
Industrials2021 · <1yr hold

Coverage notes

4 funds tracked, 29 portfolio companies (16 active · 13 realized). Verified weekly from public filings and deal announcements.

Sector breakdown

29 companies
Industrials
6 · 21%
TMT
3 · 10%
Construction
2 · 7%
Consumer
2 · 7%
Aerospace & Defence
1 · 3%
Hospitality
1 · 3%
Mobility
1 · 3%
Business Services
1 · 3%

Funds & portfolio

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

4 funds
FCDE Fund III
2025 · 1yr€400M0 active

No portfolio companies tracked yet.

FCDE Independent Fund IIBuyoutinvesting
2023 · 3yr€277M5 active · 1 realized

Unrealized

5 held
TMTFrance· Entry 2022
Groupe Allez
Groupe AllezActive
IndustrialsFrance· Entry 2026
HEMERIA
HemeriaActive
Aerospace & DefenceFrance· Entry 2026
LINDERA
LinderaActive
ConstructionFrance· Entry 2024
SKAKO
SkakoActive
ConstructionFrance· Entry 2025

Realized

1 exit
Babcock WansonExited 2021
IndustrialsFrance· Entry 2021
Secondaryto
Fonds de Consolidation et de Développement des EntreprisesBuyoutharvesting
2021 · 5yr€207M3 active · 6 realized

Unrealized

3 held
TMTFrance· Entry 2018
Récréa
RécréaActive
HospitalityFrance· Entry 2020
UTAC
UTACActive
MobilityFrance· Entry 2020

Realized

6 exits
Bertin Technologies
Bertin TechnologiesExited 2025
TMTFrance· Entry 2021
Secondaryto
Didactic
DidacticExited 2024
ConsumerFrance· Entry 2020
Secondaryto
Robbez-Masson
Robbez-MassonExited 2021
IndustrialsFrance· Entry 2017
MBOto
SERMA Group
SERMA GroupExited 2022
IndustrialsFrance· Entry 2022
Secondaryto
Business ServicesFrance· Entry 2015
Secondaryto
Weyou Group
Weyou GroupExited 2019
ConsumerFrance· Entry 2019
Secondaryto
FCDEBuyoutdivesting
2013 · 13yr€120M8 active · 6 realized

Unrealized

8 held
Canal Toys
Canal ToysActive
· Entry 2017
EventisActive
Gestal
GestalActive
KERMEL
KermelActive
IndustrialsFrance· Entry 2024
Le BelierActive
· Entry 2010
SELPActive
· Entry 2012

Realized

6 exits
· Entry 2011
Trade Saleto
De FursacExited 2019
· Entry 2012
Trade Saleto
Girard AgedissExited 2014
LogisticsFrance· Entry 2012
Trade Saleto
NES GroupExited 2018
EnergyFrance· Entry 2014
Trade Saleto
PlastibellExited 2015
IndustrialsFrance· Entry 2013
Trade Saleto
TVNExited 2014
TelecomFrance· Entry 2011
Secondaryto
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About FCDE

FCDE is a French private equity firm with €604 million of assets under management as of December 2024, founded in 2009 and headquartered in Pontoise. The firm supports the development and transformation of SMEs and mid-cap companies with strong growth potential, having raised over €1.1 billion in cumulative capital across the platform's multi-vintage history.

Investment thesis

FCDE targets French SMEs and mid-cap companies seeking growth equity or buyout capital for transformation initiatives, deploying equity tickets typically ranging from €15 million to €50 million per transaction. Sector focus spans Industrials, Business Services and selectively other French mid-market verticals, with the platform emphasising operational transformation and management team partnership across the holding period.

Recent activity

Recent realised exits include KERMEL (industrials, 2024), reflecting selective distribution activity across the industrial portfolio. The platform tracks 3 funds, 17 active portfolio companies and 11 realised exits across the multi-vintage French mid-cap programme. Detailed buyer names and multiple data available on Pro at €29/month.

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Last updated July 2026 · Sourced from public filings · Report an issue