Skip to content
Home/GPs/Hivest Capital Partners
Hivest Capital Partners

Hivest Capital Partners

Paris, France·Founded 2016··hivestcapital.com

Hivest Capital Partners is an independent French private equity firm founded in November 2016 in Paris by Axel Bonnassies and Cedric Lepee, approved by the Autorite des Marches Financiers under GP-16000033 (SIREN 823869979) and managing around EUR 900M as of 2026. The firm invests in French and European SMEs and mid-caps generating EUR 50M to EUR 500M in revenue across buyout and capital expansion transactions, operating through Hivest I (2017 EUR 120M), Hivest II (2022 EUR 300M hard cap) and a single-asset continuation fund raised in January 2025 around Agora Makers co-led by Patria and Committed Advisors. HQ 140 Boulevard Malesherbes 75017 Paris with 40 staff.

AUM
€900M
Funds
3
vintages 2017–2025
Portfolio
11
Exits
7
SectorsIndustrialsConsumerHealthcareSoftwareTMT

Key facts

HQParis, France
Founded2016

Recent exits

FACE
Industrials · 2026 · 5yr hold
Agora Makers
Industrials · 2025 · 3yr hold
Videlio
TMT · 2025 · 4yr hold
Eowin
Software · 2024 · 4yr hold

Coverage notes

3 funds tracked, 18 portfolio companies (11 active · 7 realized). Verified weekly from public filings and deal announcements.

Funds & portfolio

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

3 funds
Hivest Capital Agora Makers Continuation FundBuyout
2025 · 1yr€480M1 active

Unrealized

1 held
IndustrialsFrance· Entry 2025
Hivest IIBuyout
2022 · 4yr€300M8 active · 1 realized

Unrealized

8 held
CCE GroupActive
IndustrialsFrance· Entry 2023
IndustrialsFrance· Entry 2024
MarchanteActive
IndustrialsFrance· Entry 2023
ConsumerFrance· Entry 2023
IndustrialsBelgium· Entry 2025
NV LabsActive
HealthcareUS· Entry 2024
ConsumerFrance· Entry 2022
ReunimerActive
ConsumerFrance· Entry 2024

Realized

1 exit
Agora MakersExited 2025
IndustrialsFrance· Entry 2022
GP-ledto
Hivest IBuyout
2017 · 9yr€120M2 active · 6 realized

Unrealized

2 held
AurightecActive
IndustrialsEstonia· Entry 2017
STGActive
IndustrialsFrance· Entry 2018

Realized

6 exits
CRYOPDPExited 2020
HealthcareFrance· Entry 2020
Trade Saleto
Ecore GDEExited 2020
IndustrialsFrance· Entry 2017
Trade Saleto
EowinExited 2024
SoftwareFrance· Entry 2020
Trade Saleto
FACEExited 2026
IndustrialsFrance· Entry 2021
Trade Saleto
ST MAMETExited 2022
ConsumerFrance· Entry 2018
Trade Saleto
VidelioExited 2025
TMTFrance· Entry 2021
Trade Saleto
Track Hivest Capital Partners

Saved GPs appear in your watchlist, one click from your workspace.

About Hivest Capital Partners

Hivest Capital Partners is a French private equity firm with €500 million of assets under management as of December 2024, headquartered in Paris. Founded in 2016, the firm focuses on buyout and growth equity investments in European mid-cap businesses across industrials, consumer, healthcare, business services and energy, deploying capital from successive flagship funds with institutional limited partner support.

Investment thesis

Hivest Capital Partners deploys buyout capital into European mid-cap and small-cap businesses across industrials, consumer, healthcare, business services and energy, targeting majority equity positions in profitable companies with clear value-creation runways. Investment focus emphasises operational improvement, selective bolt-on M&A acceleration and selective international expansion across France and selectively across Europe, with capital deployed from successive flagship funds backed by institutional limited partners.

Recent activity

Recent realised exits include Reunimer (diversified sectors, 2024), CCE Group (industrials, 2023) and ATLS (software, 2020). The platform tracks 3 fund vehicles, 18 active portfolio companies and 3 realised exits across the strategy's history. Detailed buyer names and multiple data available on Pro at €29/month.

Last updated June 2026 · Sourced from public filings