What investment strategy does Isatis Capital focus on?

Isatis Capital focuses on Growth, Buyout strategies in the private equity space.

How many portfolio companies does Isatis Capital have?

Isatis Capital has 92 active portfolio companies and 24 completed exits and 7 funds tracked on GP Intel.

Where is Isatis Capital headquartered?

Isatis Capital is headquartered in PARIS, France.

What is Isatis Capital's assets under management?

Isatis Capital manages approximately €1.0B in assets under management.

When was Isatis Capital founded?

Isatis Capital was founded in 2013.

What sectors does Isatis Capital invest in?

Isatis Capital invests across TMT, Industrials, Software, Healthcare, Business Services.

Home/GPs/Isatis Capital

Isatis Capital

PARIS, France·Founded 2013·

Growth Equity Buyout

·isatis-capital.fr

Isatis Capital is an independent French private equity firm founded in 2013, specializing in financing and supporting profitable, growing French SMEs with revenues between 5 and 100 million euros. It manages over 1 billion euros in capital and has accompanied 125 SMEs since inception.

AUM

€1.0B

Funds

vintages 2013–2024

Portfolio

Exits

SectorsTMTIndustrialsSoftwareHealthcareBusiness Services

Key facts

HQPARIS, France

Founded2013

Websiteisatis-capital.fr

Recent exits

Saveurs et Vie

Healthcare · 2024 · 8yr hold

GERM'LINE

Software · 2021 · 4yr hold

Zengularity

TMT · 2017 · 4yr hold

Coverage notes

7 funds tracked, 116 portfolio companies (92 active · 24 realized). Verified weekly from public filings and deal announcements.

Funds & portfolio

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

7 funds

Isatis Flex Transmission 1Buyout

2024 · 2yr1 active

Unrealized

1 held

Company	Sector	Geo	Entry
3R Industries	Industrials	France	–

3R IndustriesActive

IndustrialsFrance

Isatis Capital fundGrowth

2018 · 8yr22 active · 1 realized

Unrealized

22 held

Company	Sector	Geo	Entry
Aérophile	Industrials	France	–
Ami Bois	Industrials	France	–
B-Hive	Industrials	France	–
CET Ingénierie	Industrials	France	–
Daveo	TMT	France	–
Ekstend Group	TMT	France	–
Enertion	Industrials	France	–
Flexico	Industrials	France	–
Greenoffice	Business Services	France	2024
Groupe Eloi	Healthcare	France	–
Groupe Référence	Business Services	France	–
IBS	Business Services	France	–
Immed	Healthcare	France	–
NewWorks	TMT	–	–
Next Group	Education	France	–
Parnasse Education	Consumer	France	2018
Sagitta Pharma	Healthcare	France	–
Sauvale Production	Healthcare	France	2018
Secal	Industrials	France	–
SPPP	Industrials	France	–
WEB100T	TMT	France	–
Zenika	TMT	France	–

AérophileActive

IndustrialsFrance

Ami BoisActive

IndustrialsFrance

B-HiveActive

IndustrialsFrance

CET IngénierieActive

IndustrialsFrance

DaveoActive

TMTFrance

Ekstend GroupActive

TMTFrance

EnertionActive

IndustrialsFrance

FlexicoActive

IndustrialsFrance

GreenofficeActive

Business ServicesFrance· Entry 2024

Groupe EloiActive

HealthcareFrance

Groupe RéférenceActive

Business ServicesFrance

IBSActive

Business ServicesFrance

ImmedActive

HealthcareFrance

NewWorksActive

TMT

Next GroupActive

EducationFrance

Parnasse EducationActive

ConsumerFrance· Entry 2018

Sagitta PharmaActive

HealthcareFrance

Sauvale ProductionActive

HealthcareFrance· Entry 2018

SecalActive

IndustrialsFrance

SPPPActive

IndustrialsFrance

WEB100TActive

TMTFrance

ZenikaActive

TMTFrance

Realized

1 exit

Company	Sector	Geo	Entry	Exit	Type	Buyer	MOIC
Saveurs et Vie	Healthcare	France	2016	2024	–		–

Saveurs et VieExited 2024

HealthcareFrance· Entry 2016

FCPR Isatis Capital Vie & RetraitePrivate Equity

2017 · 9yr€111M7 active · 1 realized

Unrealized

7 held

Company	Sector	Geo	Entry
Beqom	TMT	France	2018
Carlipa	TMT	France	–
Clabo Conseil	Healthcare	France	–
Eurogentec	Healthcare	France	–
Everwin	TMT	France	2018
Germ’line	Healthcare	France	–
Nell’Armonia	TMT	France	–

BeqomActive

TMTFrance· Entry 2018

CarlipaActive

TMTFrance

Clabo ConseilActive

HealthcareFrance

EurogentecActive

HealthcareFrance

EverwinActive

TMTFrance· Entry 2018

Germ’lineActive

HealthcareFrance

Nell’ArmoniaActive

TMTFrance

Realized

1 exit

Company	Sector	Geo	Entry	Exit	Type	Buyer	MOIC
GERM'LINE	Software	France	2017	2021	MBO	–	–

GERM'LINEExited 2021

SoftwareFrance· Entry 2017

MBO

FCPI Isatis Expansion n°3VC

2017 · 9yr1 active · 1 realized

Unrealized

1 held

Company	Sector	Geo	Entry
EasyVista	Software	France	2020

EasyVistaActive

SoftwareFrance· Entry 2020

Realized

1 exit

Company	Sector	Geo	Entry	Exit	Type	Buyer	MOIC
Zengularity	TMT	France	2013	2017	Trade Sale		–

ZengularityExited 2017

TMTFrance· Entry 2013

Trade Saleto

Isatis Capital Expansion fundsGrowth

2016 · 10yr€45M4 active

Unrealized

4 held

Company	Sector	Geo	Entry
Autobiz	Industrials	France	2023
Cofluent Design	TMT	France	–
One Prepaid	Financials	France	–
Welcome real-time	TMT	France	–

AutobizActive

IndustrialsFrance· Entry 2023

Cofluent DesignActive

TMTFrance

One PrepaidActive

FinancialsFrance

Welcome real-timeActive

TMTFrance

FCPI Isatis Antin 13Growth

2015 · 11yr1 active

Unrealized

1 held

Company	Sector	Geo	Entry
Mediameeting	TMT	France	2017

MediameetingActive

TMTFrance· Entry 2017

Crescendo FPCIGrowth

2013 · 13yr€240M6 active

Unrealized

6 held

Company	Sector	Geo	Entry
CET Ingenierie	Industrials	France	–
Digital Value	TMT	France	–
Pitchy	TMT	France	2023
Senef	TMT	France	–
Texys Group	Industrials	France	–
Wiiisdom	TMT	France	–

CET IngenierieActive

IndustrialsFrance

Digital ValueActive

TMTFrance

PitchyActive

TMTFrance· Entry 2023

SenefActive

TMTFrance

Texys GroupActive

IndustrialsFrance

WiiisdomActive

TMTFrance

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About Isatis Capital

Isatis Capital is a French private equity firm with €1 billion of assets under management as of December 2024, headquartered in Paris. Founded in 2013, the firm focuses on buyout and growth equity investments in European mid-cap businesses across TMT, industrials, software, healthcare and business services, deploying capital from successive flagship funds with institutional limited partner support.

Investment thesis

Isatis Capital deploys buyout capital into European mid-cap and small-cap businesses across TMT, industrials, software, healthcare and business services, 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 AMETYS BEAUTE (software, 2024), GREEN BUSINESS INTERNATIONAL (software, 2024), S2F FLEXICO (software, 2024) and Saveurs et Vie (healthcare, 2024). The platform tracks 8 fund vehicles, 93 active portfolio companies and 23 realised exits across the strategy's history. Detailed buyer names and multiple data available on Pro at €29/month.