IdiCo
idiCo is a French private equity firm managing €1.0 billion in assets, investing in French SMEs and mid-caps through minority or majority stakes to support growth capital and buyout operations. It focuses on buyout and growth capital, mainly in the BtoB Services, Healthcare, and Technology sectors.
IdiCo is a PARIS growth equity firm with €510M AUM, 28 active companies and 2 exits.
- ·Top sector focus: Business Services (30% of portfolio).
- ·Fund cadence: ~1Y between vintages · last raise 2026.
Sector breakdown
30 companiesGeography breakdown
2 geographiesKey facts
Recent exits
IdiCo sold Groupe RGF to Management (MBO) in 2025 after 8 years.
IdiCo sold Spherea to idiCo – Spherea GP Led in 2025 after 6 years.
Coverage notes
7 funds tracked, 30 portfolio companies (28 active · 2 realized). Verified weekly from public filings and deal announcements.
Funds & portfolio
Every fund IdiCo has raised, with its portfolio companies. Hand-checked from public filings.
idiCo Forteresse 1investingPrivate Debt2026€65M2 assetsPrivate Debt2026 · 0yr€65M2–
idiCo Expansion 4Buyout2024€80M3 assetsBuyout2024 · 2yr€80M3–
Unrealized
3 held| Company | Entry |
|---|---|
| Hyperion Capital Financials · France | 2025 |
| Kaviari Consumer · France | 2026 |
| Lore SaaS · France | 2024 |
idiCo Mezzanis 4investingPrivate Debt2024€80M2 assetsPrivate Debt2024 · 2yr€80M2–
Unrealized
2 held| Company | Entry |
|---|---|
| Climanext Construction · France | 2024 |
| Genie Flexion Industrials · France | 2024 |
idiCo Growth 5investingGrowth2022€100M5 assetsGrowth2022 · 4yr€100M5–
Unrealized
5 held| Company | Entry |
|---|---|
| EIM Group Business Services · France | 2022 |
| Hexagone Industrials · France | 2023 |
| Nuevo Business Services · France | 2022 |
| Simpliciti Software · France | 2023 |
| Slat Construction · France | 2024 |
idiCo Mezzanis 3harvestingPrivate Debt2021€100M9 assetsPrivate Debt2021 · 5yr€100M9–
Unrealized
9 held| Company | Entry |
|---|---|
| Biosyl Healthcare · France | 2023 |
| Castor & Pollux Consumer · France | 2022 |
| Eurocave Consumer · France | 2021 |
| Nalys Business Services · France | 2019 |
| Nord Coffrage Construction · France | 2019 |
| Origine Cycles Consumer · France | 2022 |
| Patrimone Financials · France | 2022 |
| Piex Pharma · France | – |
| Prima Vital MedTech · France | 2021 |
idiCo Expansion 3HarvestingBuyout2018€120M7 assets1 exitsBuyout2018 · 8yr€120M71
Unrealized
7 held| Company | Entry |
|---|---|
| Camerus Business Services · France | 2019 |
| House of HR Business Services · Belgium | 2022 |
| MMI Business Services · France | 2023 |
| Nutridry FoodTech · France | 2021 |
| Opportunity AdTech · France | 2020 |
| Taleo Consulting Business Services · France | 2022 |
| Tennaxia SaaS · France | 2020 |
Realized
1 exit| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Groupe RGF | 2017 | 2025 | MBO | Management (MBO) | – |
idiCo Growth 4harvestingGrowth2018€210M0 assets1 exitsGrowth2018 · 8yr€210M01
Realized
1 exit| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Spherea Aerospace & Defence · France | 2019 | 2025 | Continuation Vehicle | idiCo – Spherea GP Led | – |
About IdiCo
idiCo is a French private equity firm with €510 million of assets under management, founded in 2021 and headquartered in Paris. The firm invests in French SMEs and mid-caps through minority or majority stakes to support growth capital and buyout operations, with the relatively recent founding aligning idiCo with the modern French mid-market private equity ecosystem.
Investment thesis
idiCo targets French SMEs and mid-cap companies, deploying minority and majority equity positions with growth capital and buyout transactions. Sector focus spans Business Services and selectively other French mid-market verticals, with the platform emphasising flexible equity ticket sizes aligned with company stage and capital requirements. As a relatively young platform, idiCo is in active deployment phase across its inaugural vintage funds.
Recent activity
The platform tracks 6 funds and 7 active portfolio companies across the multi-strategy French SME programme. The early-stage development of the platform means realised exits are expected to materialise progressively as portfolio assets mature through typical 5-7 year holding cycles.
Portfolio platforms backed by IdiCo made 24 researched add-on acquisitions during its ownership.
Frequently asked questions
- What investment strategy does IdiCo focus on?
- IdiCo focuses on Growth, Buyout strategies in the private equity space.
- How many portfolio companies does IdiCo have?
- IdiCo has 28 active portfolio companies and 2 completed exits and 7 funds tracked on GP Intel.
- Where is IdiCo headquartered?
- IdiCo is headquartered in PARIS, France.
- What is IdiCo's assets under management?
- IdiCo manages approximately €510M in assets under management.
- When was IdiCo founded?
- IdiCo was founded in 2021.
- What sectors does IdiCo invest in?
- IdiCo invests across Business Services, Healthcare, Software, Industrials.
- What are IdiCo's recent exits?
- Recent realized exits by IdiCo include: Groupe RGF (2025) to Management (MBO); Spherea (2025) to idiCo – Spherea GP Led.
Similar firms
Other private equity firms tracked on GP Intel.