Latour Capital

About Latour Capital

Latour Capital is a French mid-cap private equity firm with €5.0 billion of assets under management as of December 2024, headquartered in Paris. The firm was founded in 2011 by Cédric Bannel, Philippe Léoni and Philippe Renauld, structured as a partner-owned independent platform. Latour deploys capital from successive flagship vintage funds focused on French mid-cap LBO transactions with selective pan-European exposure across multiple sector verticals.

Investment thesis

Latour targets French and selectively European mid-cap LBO transactions with equity tickets ranging from €50 million to €200 million per transaction, focusing on profitable companies with strong management teams and consolidation potential. Sector focus spans Consumer, TMT, Business Services, Industrials, Healthcare, Financials and Energy, with particular depth in industrial services and consumer-facing businesses. The firm emphasises supporting portfolio companies through buy-and-build M&A strategies and operational improvement programmes over five to seven year holding periods.

Recent activity

Recent realised exits include Gutor Electronic (industrials, 2025), Oxand (TMT, 2025) and Oak Nation / Charlois / Nadalié (industrials, 2024), reflecting selective distribution activity across the industrial services portfolio. The platform tracks 7 funds, 16 active portfolio companies and 13 realised exits, with the latest vintage actively deploying capital across French mid-cap opportunities.

Frequently asked questions

How many portfolio companies does Latour Capital have?

Latour Capital has 22 active portfolio companies and 17 completed exits and 7 funds tracked on GP Intel.

Where is Latour Capital headquartered?

Latour Capital is headquartered in Paris, France.

What is Latour Capital's assets under management?

Latour Capital manages approximately €5.0B in assets under management.

What are Latour Capital's recent exits?

Recent realized exits by Latour Capital include: Gutor Electronic (2026) to Latour Gutor Continuation Fund FPCI (led by Hamilton Lane and Ardian); Santiane (2026) to Kereis; Gutor Electronic (2025) to Latour Capital Continuation Fund I (Hamilton Lane + Ardian); Sulo Group (2025) to Latour Capital IV and a dedicated co-investment fund; Oxand (2025) to Meridiam (Green Impact Growth Fund); Oak Nation (Charlois / Nadalié) (2024) to ICG; Atlas For Men (2022) to Motion Equity Partners (Fund IV); Groupe ERI (2022) to Andera Partners (MidCap 5).