Galiena Capital
Galiena Capital is an independent Paris‑based small‑cap private equity manager founded in 2009, with approximately €500 million of committed capital, focusing on supporting French SMEs through minority or majority equity investments.
Galiena Capital is a PARIS growth equity firm with 16 active companies and 11 exits.
- ·5 exits in the last 5 years · consistent DPI cadence.
- ·Average hold across 11 realized deals: 6 years.
- ·Top sector focus: Industrials (30% of portfolio).
Sector breakdown
27 companiesGeography breakdown
2 geographiesKey facts
Recent exits
Galiena Capital sold I-4S to Weinberg Capital Partners (WCP Eiréné) in 2026 after 5 years.
Galiena Capital sold Scentys to SHAMS CONSEILS in 2026 after 11 years.
Galiena Capital sold Solutions Industry & Building to ABB in 2024 after 5 years.
Galiena Capital sold Proengin to Capital Export in 2023 after 14 years.
Coverage notes
3 funds tracked, 27 portfolio companies (16 active · 11 realized). Verified weekly from public filings and deal announcements.
Funds & portfolio
Every fund Galiena Capital has raised, with its portfolio companies. Hand-checked from public filings.
FPCI Galiena IIIinvesting2025€162M6 assets1 exits–2025 · 1yr€162M61
Unrealized
6 held| Company | Entry |
|---|---|
| Ediser Education · France | 2024 |
| ERTF Business Services · France | 2025 |
| Groupe Flore Industrials · France | 2026 |
| Groupe Thomas Plants Consumer · France | 2026 |
| Thomas Plants Agriculture · France | 2026 |
| TOPIA (PEC Paysage) Business Services · France | 2023 |
Realized
1 exit| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Axpharma Pharma · France | 2015 | 2020 | Trade Sale | ProductLife Group (backed by 21 Invest) | – |
FPCI Galiena IIharvestingBuyout2019€150M9 assets3 exitsBuyout2019 · 7yr€150M93
Unrealized
9 held| Company | Entry |
|---|---|
| 3disc MedTech · US | 2020 |
| Domusa Group Aerospace & Defence · France | 2023 |
| Extruflex Industrials · France | 2017 |
| Groupe Genex Industrials · France | 2020 |
| Groupe Transatlantic TMT · France | 2019 |
| Hacare Healthcare · France | 2020 |
| Leankco Industrials · France | 2023 |
| Sateb Construction · France | 2021 |
| Satori Aerospace & Defence · France | 2023 |
Realized
3 exits| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| I-4S Aerospace & Defence · France | 2021 | 2026 | Secondary | Weinberg Capital Partners (WCP Eiréné) | – |
| Scentys Industrials · France | 2015 | 2026 | Trade Sale | SHAMS CONSEILS | – |
| Solutions Industry & Building Industrials · France | 2019 | 2024 | Trade Sale | ABB | – |
FPCI TIPdivestingImpact2011€100M1 assets7 exitsImpact2011 · 15yr€100M17
Unrealized
1 held| Company | Entry |
|---|---|
| SCT Telecom Telecom · France | 2011 |
Realized
7 exits| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Aserti Industrials · France | 2013 | 2017 | Secondary | Parquest Capital | – |
| FlexDev (Chemica) Industrials · France | 2012 | 2016 | Secondary | Capextens | – |
| Legal2Digital LegalTech · France | 2014 | 2020 | MBO | Management (sponsorless MBO) backed by Andera Acto / Groupe Roullier | – |
| Proengin Aerospace & Defence · France | 2009 | 2023 | Secondary | Capital Export | – |
| Scaff Holding Construction · France | 2015 | 2017 | MBO | Company management (MBO) | – |
| SET Environnement Construction · France | 2014 | 2019 | Secondary | Sofival | – |
| Sports Solutions Makers (Spartner) Business Services · France | 2017 | 2023 | Secondary | B & Capital | – |
About Galiena Capital
Galiena Capital is a French private equity firm with €500 million of assets under management as of December 2024, headquartered in Paris. The firm focuses on French and selectively European mid-cap LBO transactions, with successive vintage funds providing French mid-market exposure across multiple investment cycles.
Investment thesis
Galiena Capital targets French and selectively European mid-cap LBO transactions with equity ticket sizes typically ranging from €15 million to €50 million per transaction. Sector focus spans the broad coverage typical of generalist mid-cap platforms, with the firm emphasising operational value creation through management team partnership and selective bolt-on M&A across the holding period.
Recent activity
The platform tracks multiple vintage funds and active portfolio companies across the French mid-cap programme, with ongoing deployment from the latest vintage supporting French mid-market opportunities.
Frequently asked questions
- What investment strategy does Galiena Capital focus on?
- Galiena Capital focuses on Growth, Buyout strategies in the private equity space.
- How many portfolio companies does Galiena Capital have?
- Galiena Capital has 16 active portfolio companies and 11 completed exits and 3 funds tracked on GP Intel.
- Where is Galiena Capital headquartered?
- Galiena Capital is headquartered in PARIS, France.
- When was Galiena Capital founded?
- Galiena Capital was founded in 2007.
- What sectors does Galiena Capital invest in?
- Galiena Capital invests across Industrials, Consumer, Healthcare, Business Services.
- What are Galiena Capital's recent exits?
- Recent realized exits by Galiena Capital include: I-4S (2026) to Weinberg Capital Partners (WCP Eiréné); SCENTYS (2026) to SHAMS CONSEILS; Solutions Industry & Building (2024) to ABB; PROENGIN (2023) to Capital Export; Sports Solutions Makers (Spartner) (2023) to B & Capital; Axpharma (2020) to ProductLife Group (backed by 21 Invest); Legal2Digital (2020) to Management (sponsorless MBO) backed by Andera Acto / Groupe Roullier; SET Environnement (2019) to Sofival.
Similar firms
Other private equity firms tracked on GP Intel.