What investment strategy does Finorpa Gestion focus on?

Finorpa Gestion focuses on Growth, VC, Buyout strategies in the private equity space.

How many portfolio companies does Finorpa Gestion have?

Finorpa Gestion has 92 active portfolio companies and 7 completed exits and 3 funds tracked on GP Intel.

Where is Finorpa Gestion headquartered?

Finorpa Gestion is headquartered in Lille, France.

When was Finorpa Gestion founded?

Finorpa Gestion was founded in 1984.

What sectors does Finorpa Gestion invest in?

Finorpa Gestion invests across Industrials, Consumer, Healthcare, Business Services, TMT.

What are Finorpa Gestion's recent exits?

Recent realized exits by Finorpa Gestion include: Groupe BTC (Alkior) (2026) to FG Bros; Horse Pilot (2026) to Ekkia Sport; Paperflow (2025) to Fox & Temple, Lda.; CHAUFF'ARTOIS (2024) to Chauff Invest; TalentView (2023) to Kelio (Groupe Bodet); Hiolle Industries (2022) to Hiolle Développement.

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Finorpa Gestion

Lille, France·Founded 1984·

Growth Equity Venture Capital Buyout

·finorpa.fr

Hauts-de-France regional evergreen investor founded 1984 for coal-basin reconversion; backs local SMEs in equity and quasi-equity across venture, growth and transmission.

AUM

–

Funds

vintages 1991–2026

Portfolio

Exits

Finorpa Gestion is a Lille growth equity firm with 92 active companies and 7 exits.

SectorsIndustrials Consumer Healthcare Business Services TMT

Key takeaways

·7 exits in the last 5 years · consistent DPI cadence.
·Average hold across 6 realized deals: 9 years.
·Top sector focus: Consumer (29% of portfolio).

Sector breakdown

99 companies

Consumer

29 · 29%

Industrials

23 · 23%

Business Services

8 · 8%

SaaS

5 · 5%

Biotech

5 · 5%

Construction

5 · 5%

ClimateTech

4 · 4%

Hospitality

3 · 3%

Geography breakdown

2 geographies

France

98 · 99%

Liévin, Pas-de-Calais, France

1 · 1%

Key facts

HQLille, France

Founded1984

Employees10+

Websitefinorpa.fr

Recent exits

Finorpa Gestion sold Groupe BTC (Alkior) to FG Bros in 2026 after 9 years.

Finorpa Gestion sold Horse Pilot to Ekkia Sport in 2026 after 7 years.

Finorpa Gestion sold Paperflow to Fox & Temple, Lda. in 2025.

Finorpa Gestion sold Chauff'artois to Chauff Invest in 2024 after 12 years.

Coverage notes

3 funds tracked, 99 portfolio companies (92 active · 7 realized). Verified weekly from public filings and deal announcements.

Funds & portfolio

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

3 funds

Fund

Strategy

Vintage

Size

Assets

Exits

Hauts-de-France Avenir TPE PMEHarvesting

Growth20262 assets1 exits

Growth

2026 · 0yr

–

Unrealized

2 held

Company	Entry
BDM Associes (Le Kiosque) Consumer · France	2026
Naturel Kid Consumer · France	2026

Realized

1 exit

Company	Entry	Exit	Type	Buyer	MOIC
TalentView SaaS · France	2020	2023	Trade Sale	Kelio (Groupe Bodet)	–

Captech Sante

Life Sciences VC2022€26M9 assets

Life Sciences VC

2022 · 4yr

€26M

–

Unrealized

9 held

Company	Entry
Genoskin Biotech · France	2024
Hemerion MedTech · France	2022
Lattice Medical MedTech · France	2022
Nutriearth FoodTech · France	2024
Posos HealthTech · France	2022
Vaxinano Biotech · France	2024
Verley FoodTech · France	2023
Vetbiolix Biotech · France	2022
Zymoptiq Biotech · France	2021

Finorpa SCRActive

Growth199181 assets6 exits

Growth

1991 · 35yr

–

Unrealized

81 held

Company	Entry
Aciers DC (Huon Caffiaux) Industrials · France	2023
Adix Business Services · France	2016
Anywr (Cooptalis) Business Services · France	2018
Arbati Construction · France	2023
Azade Consumer · France	2024
Benefiz HR Tech · France	2022
Beyond Green ClimateTech · France	2023
Brique House Consumer · France	2020
Bsl Steel Industrials · France	2019
Calyans Business Services · France	2023
Cartonnages du Nord Industrials · France	2023
Clarance Hospitality · France	2014
Clicdata Data & Analytics · France	2018
Corri Servais Industrials · France	2021
Crepim Business Services · France	2023
Croc la vie Consumer · France	2023
D.e.s. (TRADE-INVEST) Industrials · France	–
Debevre Industrials · France	2017
Decade (Atelier 92 Holding) Consumer · France	2026
Decoval Servipack Industrials · France	2022
Delecroix Harvesting Agriculture · France	2025
Design and Colors (Serge Lesage) Consumer · France	2024
Dm Industries Industrials · France	2011
Donuts & Donuts Hospitality · France	2026
Dsd System Industrials · France	2022
Dufeutrelle Industrials · France	2023
Emballages SFE (JET) Industrials · France	2024
Evidenceb EdTech · France	2020
Extensee Consumer · France	2025
Fabric (Vandenhove) Industrials · France	2023
Femia (Sofiref) Healthcare · France	2024
Fizzy Distribution Consumer · France	2025
Focus Industrie Industrials · France	2025
Focus Industrie Industrials · France	2025
France Cake Tradition Consumer · France	2026
Genfit Biotech · France	1999
Geomnia PropTech · France	2015
Groupe Audice (Horus) Business Services · France	2025
Groupe SDMG & Co Business Services · France	2022
Groupe VOG Consumer · France	2009
Hainaut Plast Industry Industrials · France	2015
Imagreen ClimateTech · France	2024
Imcp Industrials · France	2020
Inodesign Group Industrials · France	2024
JC David Consumer · France	2024
La Capsule Consumer · France	2023
La Gentle Factory Consumer · France	2019
Les Appats de Lartois Consumer · France	2026
Les Compagnons des Saisons Consumer · France	2014
Les Paniers de Lea Consumer · France	2018
Lmk Energy ClimateTech · France	2011
LTPK Participations (Leroy TP) Construction · France	2024
Lvh Faconnage Industrials · France	2018
Marcali Consumer · France	2021
Mariloo SaaS · France	2025
Maxxing SaaS · France	2009
Mindbaz AdTech · France	2021
Neocem Construction · France	2024
Niryo Deep Tech · France	2021
Noko Kombucha Consumer · France	2026
Nolej EdTech · France	2023
NVPA2 (Fermaut) Construction · France	2025
Pingflow SaaS · France	2018
Placeshaker PropTech · France	2022
Potion Consumer · France	2019
PP Yarns & Co (Happywool) Consumer · France	2020
PP Yarns&Co (Happywool) Industrials · France	2020
Pressings De France Consumer · France	2023
QDB Editions Consumer · France	2025
Reempro ClimateTech · France	2026
Register Business Services · France	2022
Rm Mobilier Consumer · France	2011
Senya Consumer · France	2017
Skapane Business Services · France	2017
SmartPixels by LS Group Deep Tech · France	2020
Sobook Consumer · France	2016
Sophie Lebreuilly Hospitality · France	2017
Soup'ideale Consumer · France	2012
Steel-Omnium (LDMD et Prefa'Bat) Construction · France	2021
Takecloud SaaS · France	2022
Tradition du Nord Consumer · France	2019

Realized

6 exits

Company	Entry	Exit	Type	Buyer	MOIC
Chauff'artois Industrials · Liévin, Pas-de-Calais, France	2012	2024	Secondary	Chauff Invest	–
Elsker Group Healthcare · France	2015	2022	–	–	–
Groupe BTC (Alkior) Industrials · France	2017	2026	Secondary	FG Bros	–
Hiolle Industries Industrials · France	2006	2022	MBO	Hiolle Développement	–
Horse Pilot Consumer · France	2019	2026	Trade Sale	Ekkia Sport	–
Paperflow Industrials · France	–	2025	MBO	Fox & Temple, Lda.	–

About Finorpa Gestion

Finorpa Gestion is a venture capital platform based in Paris with €80 million of assets under management as of December 2024 and a founding year of 2016. The firm targets European and selectively global technology companies across industrials, software, consumer, healthcare and business services, with capital deployed across early-stage and Series A/B rounds alongside institutional limited partners.

Investment thesis

The platform deploys venture capital into industrials, software, consumer, healthcare and business services categories with a focus on technology-enabled businesses across France and selectively across Europe. Investment focus spans seed and growth stages with capital deployed across multiple rounds per portfolio company, supporting founder teams through international scaling and selective M&A activity. The fund structure enables longer holding periods than typical venture vehicles, supporting category-leadership outcomes in technology platforms with global ambitions.

Recent activity

Recent realised exits include Tradition du Nord (consumer, 2022) and Prodware (TMT, 2022). The platform tracks 4 fund vehicles, 113 active portfolio companies and 2 realised exits across the strategy's history.

Frequently asked questions

What investment strategy does Finorpa Gestion focus on?: Finorpa Gestion focuses on Growth, VC, Buyout strategies in the private equity space.
How many portfolio companies does Finorpa Gestion have?: Finorpa Gestion has 92 active portfolio companies and 7 completed exits and 3 funds tracked on GP Intel.
Where is Finorpa Gestion headquartered?: Finorpa Gestion is headquartered in Lille, France.
When was Finorpa Gestion founded?: Finorpa Gestion was founded in 1984.
What sectors does Finorpa Gestion invest in?: Finorpa Gestion invests across Industrials, Consumer, Healthcare, Business Services, TMT.
What are Finorpa Gestion's recent exits?: Recent realized exits by Finorpa Gestion include: Groupe BTC (Alkior) (2026) to FG Bros; Horse Pilot (2026) to Ekkia Sport; Paperflow (2025) to Fox & Temple, Lda.; CHAUFF'ARTOIS (2024) to Chauff Invest; TalentView (2023) to Kelio (Groupe Bodet); Hiolle Industries (2022) to Hiolle Développement.